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ValleyCare nonprofit members approve merger with Stanford foundation

Deal is well-timed and aligns with our strategic vision, board says Uploaded: Tue, Jun 29, 2021, 4:41 pm Time to read: about 2 minutes We love keeping you up-to-date on important local news. You ve read 4/7 of your free articles, so it seems like you really appreciate us too. For continued uninterrupted reading, become a member. ValleyCare Charitable Foundation corporate members have overwhelmingly approved merging the Tri-Valley health system s nonprofit arm with Stanford, further advancing the relationship that began more than five years when the local hospital itself became affiliated and rebranded as Stanford Health Care-ValleyCare. In balloting conducted in recent weeks, 91% of foundation members voted in favor of the proposed merger first revealed publicly in late April, the VCCF Board of Trustees announced on Monday. The foundation had remained an independent entity for the five-plus years since the Stanford-ValleyCare affiliation agreement became effective in 2015.

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