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Attorney General approves Daughters of Charity sale, with tough conditions attached

from From San Francisco Business Times

As anticipated or feared, depending on point of view, California Attorney General Kamala Harris approved the sale of six financially ailing Daughters of Charity Health System hospitals to Prime Healthcare Services. However, she made the decision with conditions Harris called "strong" and the hospital systems are likely to consider onerous, including a requirement that five of the six facilities stay open for at least 10 years. Earlier, the seller said such conditions could potentially scuttle deal. more

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