Sale of Valley Health System Assets, Measure P (December 2009)
Measure P allowed the sale of Valley Health System assets for $162 million.
The Valley Health System is a public hospital district. It was in bankruptcy in 2009. In October 2009, the district's board approved the sale of its assets to Physicians for Healthy Hospitals. Assets of the hospital district include hospitals in Hemet and Menifee.
Physicians for Healthy Hospitals is a group of about 130 doctors who practice in the hospital district.
Universal Health Services and Prime Healthcare Services also wanted to buy Valley Health System's assets.
- These final, certified, election results are from the Riverside County election office.
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Measure P: "To retain access to acute care services at Hemet Valley and Menifee Valley Hospitals, including emergency, medical, surgical and cardiac services, and maintain local hospitals, should Valley Health System approve the sale of the Hospitals and related assets for fair market value as determined by an independent appraiser, with no cost liability to taxpayers, to Physicians For Healthy Hospitals, Inc., a coalition of local physicians with an association agreement with Catholic Healthcare West St. Bernardine Medical Center?"|