Equity Firm Responds To Daughters of Charity Lawsuit
On Friday, Blue Wolf Capital -- a private equity firm that is being sued by Daughters of Charity Health System for allegedly interfering in the sale of six safety net hospitals -- in an emailed statement said it is "confident [the lawsuit] will be found to be completely without basis or merit." The group says that it proposed a plan to help strengthen and save the hospital system, which currently is in negotiations with Prime Healthcare Services.
- "Rival Suitor for Six Ailing Hospitals Breaks Silence on Bid" (Rauber, "Bay Area Biz Talk," San Francisco Business Times, 2/27).
This is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.