News Headlines Article

Supervisors weigh loan for public hospital
The Press-Enterprise

With five months left until a major phase of health care reform starts, Riverside County’s public hospital needs tens of millions of dollars to cover a cash crunch and could face an even bigger budget shortfall down the line. The county Board of Supervisors on Tuesday, July 2, will consider loaning the county-run hospital in Moreno Valley up to $40 million. The hospital must repay the loan with interest by June 30, 2014.