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Daughters of Charity hospitals attract other possible suitors
Contra Costa Times

Less than two weeks after Prime Healthcare Services abandoned its $843 million bid for the nearly bankrupt Daughters of Charity Health System, several potential buyers are expressing interest in one or all six of the hospitals, according to the nonprofit Catholic chain.

While Daughters would not disclose any names, this newspaper has learned they include for-profit companies such as Alecto Healthcare Services, owned by the brother-in-law of Dr. Prem Reddy, Prime’s founder and CEO.