The six DCHS
hospitals include Seton Medical Center in Daly City; Seton Coastside in Moss Beach; O'Connor Hospital in San Jose; Saint Louise Regional Hospital in Gilroy; St.
Marjory Ann Baez, chair of the DCHS
board of directors, said the decision to sell the health system was "difficult.
During one of her DCHS
fundraisers on January 7, Fashing was surprised by a visit from Hooters executives to officially notify her of her title and present her with the Hooters Girl of the Year sash.
is offering approximately 300 square feet of space for
As the following chronology shows, it is Issai's decision-making over the past 14 months that has particularly imperiled DCHS
LEADING MARKET POSITION: DCHS
continues to maintain its dominant market position of 70% in its primary service area (PSA), which is improved from 68% in 2010.
Adequate Balance Sheet: At the current rating level, Fitch believes DCHS
has sufficient financial cushion, as unrestricted cash and investments totaled $19.
Prime Healthcare was selected by the DCHS
board of directors after a lengthy and detailed evaluation process and was far and away the best bid received for the hospital system, which is losing $10 million a month.
The eCare([R]) Patient Access Suite tools enable our associates to work more efficiently in support of our mission of providing excellent and compassionate care and service," said Candace Caballero, Vice President of Revenue Cycle at DCHS
However, due to expense controls that were implemented in late fiscal 2008, DCHS
's affiliation with MGHS for certain administrative and clinical programs, and the organization's ability to classify four of its clinics as rural health centers that has improved reimbursement; DCHS
has been operating positively for the past three months (June-August 2010).
Daughters has run a major campaign inside and outside all its hospitals, including television and radio ads, to bully workers into supporting the sale of DCHS
to Prime Healthcare by threatening that the hospitals will close or go bankrupt and we will lose our jobs, said Marc Quarles, an ultrasound technician at Saint Louise Medical Center in Gilroy, Calif.
After six months of an intense bidding process, DCHS
approved the sale to Prime Healthcare, which promised to keep all six hospitals open, retain all staff, spend $150 million in capital improvements, absorb all debt, and protect pensions of current and former employees.