Sale of Valley Health System Assets, Measure P (December 2009)

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A Proposed Sale of Valley Health System Assets, Measure P ballot proposition was on the December 15, 2009 ballot for voters in the Valley Health System Hospital District in Riverside County , where it was overwhelmingly approved.[1][2]

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.

Election results

Measure P
ResultVotesPercentage
Approveda Yes 23,663 87.07%
No3,51512.93%
These final, certified, election results are from the Riverside County election office.

Ballot question

The question on the ballot:

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?"[3]

External links

References

  1. Press Enterprise, "First challenge to Measure P hospital district wording is rejected," October 23, 2009
  2. Election results
  3. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.