California Legal professional Common Advances Nonprofit Hospital Sale

California Attorney General Advances Nonprofit Hospital Sale

Californian Attorney General Xavier Becerra has given preliminary approval on Friday for the sale of a $ 350 million nonprofit hospital in Los Angeles.

In a letter from Thursday, Becerra (D) explained the terms of the sale of St. Francis Medical Center, a medical facility in Lynwood, California, owned by Verity Health System, to Prime Healthcare Services in Ontario, California.

"The Covid-19 public health crisis has shown the importance of having access to life-saving hospital care close to our communities," Becerra said in a press release Friday.

California Attorney General Xavier Becerra (D) during a press conference in Washington, DC, on November 12, 2019.

Photographer: Al Drago / Bloomberg

Verity filed for Chapter 11 bankruptcy in 2018. The United States Bankruptcy Court for the Central District of …


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