UC-STANFORD: STANFORD APPROVES HOSPITALS MERGER
The University of California at San Francisco-StanfordThis is part of the California Healthline Daily Edition, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
hospitals mega-merger got one step closer to completion yesterday
as a Stanford University trustees committee voted 5-0 to approve
the deal. The San Francisco Examiner reports that the entire 32-
member board of trustees is scheduled to ratify the merger in
October. However, "several groups of university employees --
including nurses, technicians, interns and residents -- continue
to challenge the merger." UC-San Francisco regents approved the
deal Friday.
DOWN WITH THE DEAL
The Examiner notes that several unions have come out against
the deal and intend "to go to San Francisco Superior Court
seeking to halt the deal." The unions contend that the UC
regents had no constitutional right to approve a deal that turns
over public assets to a private organization. They also argue
that the "architects" of the deal failed to hold public hearings
and comply with "public records and open meetings laws." Thus,
they want public hearings to be held and "full disclosure of the
possible impact of the merger on public access and health care
standards." In addition, the California Nurses Association said
it will ask the state attorney general's office to investigate
the deal for possible improprieties. In particular, the
association contends that some of the regents who approved the
deal have financial stakes in companies that will gain
economically from the newly merged entity, the UCSF Stanford
Health Care Corp. (Krieger, 9/23).