News Headlines Article

KPC offers $31.1M for VVCH
Victorville Daily Press

KPC Global, a medical group that initially won a bid to buy Victor Valley Community Hospital, filed court documents stating it’s now ready to seal the deal to take over the financially strapped hospital.

KPC, bidding under Victor Valley Hospital Acquisition Inc., will pay the hospital $31.1 million, with most of the cash available by the closing of the deal, according to a declaration filed Monday in Victorville Superior Court by Executive Vice President Bill Thomas of KPC.