Beverly Community Hospital in Montebello has to secure a deal ahead of a looming bankruptcy court deadline.
and its affiliated rural clinics. If all goes according to plan, Madera Community could reopen in six to nine months.
that can provide emergency funds to hospitals. The state is expected to distribute the money later this month. The three bankrupt hospitals have already asked for $125 million.The proposed partnership in Madera is largely dependent on Madera Community securing an $80 million loan from the state’sKaren Paolinelli, chief executive of Madera Community Hospital, told CalMatters that while she recognizes the requested amount is substantial, her hospital is the only one that is currently closed.
Paolinelli said a management agreement is the hospital’s best bet at reopening. It has not found a buyer for a straightforward sale. Paolinelli said she has not discussed with Adventist whether she will stay on as head of the hospital.
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