Prior Agreement on the Sale of the Watsonville Community Hospital
The result of Prospect Medical Holdings` 10-month involvement is just another link in a chain of operators who promised to invest in the community and broke it, forcing longtime employees to clean the parts, said union members who spoke Friday before the announcement. Nurse Quiche Rubacalva reviewed the history of the hospital`s fluctuation over the past five years, a constant rotation of introduced properties and a proclaimed abandonment. Shortly after a midday rally and press conference where Watsonville Community Hospital staff and supporters of neighboring government offices urged the management company to find a way to keep the hospital running until a new buyer is found and secured, Salyer announced that the hospital had reached a preliminary agreement with the Pajaro Valley Healthcare District Project. to sell his business. Watsonville Community Hospital is a 106-bed, full-service acute care hospital serving the City of Watsonville and the culturally diverse surrounding tri-County along California`s central coast. The hospital provides a wide range of high-quality medical and surgical services, including cardiac care, diagnostic imaging, emergency services, general surgery, maternity services, orthopedics, pediatrics, rehabilitation services, robotic surgery, urology, vascular surgery, women`s health services, and wound care. For more information, see www.watsonvillehospital.com. The case was filed in the U.S. Bankruptcy Court for the Northern District of California. As part of the bankruptcy proceedings, the Medical Properties Trust will borrow $16 million to give the hospital the ability to pay its bills during the sale. Once funding for the project is secured, the hospital plans to file an application with the bankruptcy court to approve the nonprofit as the primary buyer and schedule a hearing for a court-supervised auction in February 2022. The operation of the hospital will be funded in addition to the sale process until March 2022.
The Health Care District Project is a consortium formed by Santa Cruz County, the City of Watsonville, the Community Health Trust of Pajaro Valley and Salud Para La Gente. Led by former Health Services Agency Director Mimi Hall, the project team is running from Salyer`s memos to engage the community to raise the tens of millions of dollars needed to purchase the Watsonville Community Hospital. “Much remains to be done before the final agreement is reached, but this decision is realistic for a stable and sustainable hospital that avoids the imminent closure of Watsonville Community Hospital and supports the health and well-being of the people of the Pajaro Valley. It offers a way. This is a framework that allows us to make acquisitions and seek the necessary legislative and financial support to renew hospitals under public control,” said the PVHDP President. Mimi Hall, also CEO, said. “This is a framework that allows us to seek the necessary legislative and financial support to complete the acquisition and renew the publicly managed hospital,” Hall said in the press release. We look forward to working with our local and state elected officials and partners who are committed to promoting community ownership of the hospital. Watsonville Community Hospital has entered into a preliminary agreement with the Pajaro Valley Healthcare District Project to sell its operations. Hall said it was just the first step in a long process to form a stable and sustainable hospital.
This achievement will only be successful if health care, non-profit organizations, district and city partners, and the public come to the table with a practical mindset. “We are pleased to have reached a preliminary agreement with PVHDP to acquire the operation of the hospital and to have funds to continue the life-saving work of providing care to our community,” Salyer said in a press release. “But more importantly, we need to think about what this would mean for health care in our community,” she said. “What would that mean for South County, what would it mean for North County and beyond?” Medical staff who asked hospital management to keep the facility open beyond the January 28 WARNING announcement date gathered at the corner of Airport Boulevard and Nielson Street. (Melissa Hartman / Santa Cruz Sentinel) Nurses at Watsonville Community Hospital line airport boulevard across from the hospital on Dec. 16 to protest possible changes in the nurse-patient relationship, which they say will absolutely reduce the level of care. On Wednesday, two weeks later, the nurses will take their second step by touring the hospital in a caravan with supporters from the community. (Shmuel Thaler – Santa Cruz Sentinel) Watsonville Community Hospital has entered into a preliminary sales agreement to a local organization.
| Video Player Watsonville Community Hospital Is At Risk of Closing in January The hospital announced Friday that a new health district sponsored by the Pajaro Valley Healthcare District Project has agreed to purchase the facility. PVHDP is a non-profit organization founded by Salud Paralagente, a community health trust in Santa Cruz, Watsonville and Pajaro Valley County. Recently, the hospital announced that it would close on January 28. They couldn`t find anyone who could buy it. It devastated not only watsonville`s 55,000 residents, but also North Monterey County. Hospitals have existed in the community for over 30 years. Although it provides emergency services for Watsonville and North Monterey counties, it gives birth to more than 1,000 babies each year. In an announcement Friday, the hospital said it had sufficient funds to continue operations until the end of March 2022. Through the agreement, this measure will avoid the imminent closure of the Watsonville Community Hospital and provide a viable pathway to a stable and sustainable hospital that supports the health and well-being of the people of the Pajaro Valley. This is a framework that allows us to complete the acquisition and receive the necessary legislative and financial support to renew publicly controlled hospitals,” said Mimi Hall, President and CEO of PVHDP. I say.
The loss of one of the county`s largest employers, Farris said, would be devastating to employees and the community. However, in the press release, Salyer said the hospital had received enough funds to operate by the end of March 2022. “A domino effect will follow,” the nurse in the emergency room added as the hospital closed. “Patients who need immediate and life-saving care? I hope that the Dominicans, the Salinas or the Natividad are not too far away. The letter outlined the fact that Watsonville Community Hospital, as a unit, would go through the bankruptcy process through a Court-approved Chapter 11 reorganization. The hope, Salyer said, was to find a nonprofit or company willing to buy and keep the hospital running and then get the purchase approved by February or March. However, the notice, which was sent to staff the next day, stated that if by 28. January no buyer will be approved, the hospital will cease to exist. Preliminary Agreement Reached on the Sale of Watsonville Community Hospital Link Source Initial Agreement on the Sale of Watsonville Community Hospital The hospital has received sufficient funding to fund its operations and sale process until the end of March 2022. “Our goal is to keep Watsonville Community Hospital open so it can provide essential health care to the community while saving approximately 650 jobs,” said Jeremy Rosenthal, Chief Restructuring Officer. “We appreciate the continued support of our doctors, nurses, other union employees and partners, as well as our suppliers, throughout this process. “While we still have work to do pending a final settlement, this decision has avoided the imminent closure of Watsonville Community Hospital and offers a realistic path to a stable and sustainable hospital that supports the health and well-being of the people of the Pajaro Valley.
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