California threw a $50 million lifeline to a bankrupt hospital. It's scrambling to reopen | State and Regional santamariatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from santamariatimes.com Daily Mail and Mail on Sunday newspapers.
California’s special emergency fund for financially distressed hospitals probably would not have passed the Legislature this year had it not been for the failure of a rural hospital off Highway 99 in the San Joaquin Valley.
California’s special emergency fund for financially distressed hospitals probably would not have passed the Legislature this year had it not been for the failure of a rural hospital off Highway 99 in the San Joaquin
California’s special emergency fund for financially distressed hospitals probably would not have passed the Legislature this year had it not been for the failure of a rural hospital off Highway
<figure><img width="1024" height="682" src="https://i0.wp.com/calmatters.org/wp-content/uploads/2023/11/010423-MaderaCommunityHospital-LV CM 07.jpg?fit=1024%2C682&ssl=1" class="attachment-rss-image-size size-rss-image-size wp-post-image" alt="Outlines of the former Madera Community Hospital sign are covered by a tarp at the emergency room entrance of the hospital on Jan. 2, 2023. Photo by Larry Valenzuela, CalMatters/CatchLight Local" /></figure>Earlier this year, the state created a loan program meant to help struggling hospitals stay afloat and to help reopen Madera County’s only hospital. Almost a year after its closure, Madera continues its search for a buyer or partner.