Loan, Advance Will Help Prop Up New Sonoma County Hospital’s Operating Budget
A $500,000 loan and $1 million tax advance will help cover expenses for Sonoma West Medical Center until the facility starts to receive Medicare reimbursements.
The Press Democrat:
Sonoma West Medical Center Gets Cash Infusion To Operate
The Palm Drive Health Care District on Monday approved a $500,000 loan to help its new hospital cover expenses through February because the Sebastopol facility no longer has any startup funds and has not yet received reimbursements from Medicare. The district board also took the first steps toward asking Sonoma County to give the Sonoma West Medical Center an emergency $1 million advance on its parcel-tax revenue for the same purpose. (Espinoza, 2/1)