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Mercury News editorial: Hospital deal requires firm commitment
The Mercury News

The question for California’s attorney general isn’t whether a New York hedge fund should be required to keep acute-care facilities open for 10 years if it buys Daughters of Charity’s six hospitals. It’s whether 10 years is long enough. California Attorney General Kamala Harris’ job is to ensure that any sale of the hospitals is in the public interest.

The question for California’s attorney general isn’t whether a New York hedge fund should be required to keep acute-care facilities open for 10 years if it buys Daughters of Charity’s six hospitals. It’s whether 10 years is long enough. California Attorney General Kamala Harris’ job is to ensure that any sale of the hospitals is in the public interest. The independent consulting firm hired by the state recommended that as a condition of approval, BlueMountain Capital Management should commit to providing vital health care services at most of the hospital locations for at least 10 years.

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