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California threw a $50 million lifeline to a bankrupt hospital It s scrambling to reopen | News

California’s special emergency fund for financially distressed hospitals probably would not have passed the Legislature this year had it not been for the failure of a rural hospital off Highway

California threw a $50 million lifeline to a bankrupt hospital It s scrambling to reopen – Times-Standard

<figure><img width="1024" height="682" src="https://i0.wp.com/calmatters.org/wp-content/uploads/2023/11/010423-MaderaCommunityHospital-LV CM 07.jpg?fit=1024%2C682&ssl=1" class="attachment-rss-image-size size-rss-image-size wp-post-image" alt="Outlines of the former Madera Community Hospital sign are covered by a tarp at the emergency room entrance of the hospital on Jan. 2, 2023. Photo by Larry Valenzuela, CalMatters/CatchLight Local" /></figure>Earlier this year, the state created a loan program meant to help struggling hospitals stay afloat and to help reopen Madera County’s only hospital. Almost a year after its closure, Madera continues its search for a buyer or partner.

Office of Assemblymember Garcia addresses AB 918 issues, Pioneers responds with letter to Gov Newsom asking for veto

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