News Headlines Article

Riverside’s co-pay: Subsidizing a hospital expansion
The Press-Enterprise

In March ’08, Riverside Community Hospital unveiled a $400 million, space-doubling expansion — with no mention of a city subsidy. “Wow!” gushed MayorLuv. “For the region and the city, this is really quite exciting.” Six months later, the economy tanked. The hospital didn’t expand. Now, it’s back with a $315 million version and Riverside has agreed to subsidize it up to $4.5 million over 15 years.