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Seton Medical Center Put Up For Sale

The Daughters of Charity Health System, which includes six hospitals from the Bay Area to Los Angeles, announced on Monday it was selling its hospitals.

Seton Medical Center, Daly City
Seton Medical Center, Daly City

The Daughters of Charity Health System (DCHS) Board of Directors announced Monday its decision to solicit proposals from Catholic, public, non-profit and for-profit organizations to purchase six of its hospitals, including Seton Coastside in Moss Beach and Seton Medical Center in Daly City.

Along with the Moss Beach and Daly City hospitals, DCHS plans to sell O'Connor Hospital in San Jose, Saint Louise Regional Hospital in Gilroy and two of its hospitals in Los Angeles either individually or the health system in its entirety. 

According to a prepared release, this decision follows a lengthy process during which DCHS leadership carefully reviewed its options to preserve its hospitals and access to care.

“After careful consideration, our Board, management team and advisors have determined that the sale of our hospitals is the most sound and responsible business decision,” said Robert Issai, President and Chief Executive Officer of DCHS. “Like other health systems across the country, we recognize that the way health care is provided today – where it is offered, how it is paid for, how it is measured – is changing dramatically, and we believe that new ownership is in the best interest of the communities we serve.”

DCHS continues to explore options to allow the hospitals to flourish and maintain access to care, while working diligently at the local, regional and system level. Last year, DCHS formed an affiliation with Ascension Health, which remains in effect. While benefits have resulted from the affiliation, DCHS hospitals will not merge with Ascension Health.

“This decision to sell our health care ministries has been difficult, particularly for the Daughters of Charity. But the realities of modern health care are harsh, and after prayerful discernment, it became clear that the responsible thing to do is to find new ownership, blessed with the resources necessary to thrive,” said Sr. Marjory Ann Baez, DC, Chair, DCHS Board of Directors.

“For DCHS, it is our hope that the buyer(s) share our vision to protect the legacy of care the Daughters of Charity have built, preserve jobs, and ensure that all members of the community have access to affordable, high-quality health care for years to come,” continued Issai.

Along with hospital transaction advisors, DCHS leadership has already begun pursuing the sale of its hospitals in Northern California and is commencing the process for its Southern California hospitals and the health system as a whole.

“As always, patient care remains our top priority. Access to patient care services at all of our health care ministries will remain uninterrupted as we move forward on this journey,” added Issai. “Our associates, physicians, patients and business partners should be assured that we remain very aware of our responsibilities to them as we navigate toward a solution.”

The hospital chain would not disclose desired sale prices.

CQ January 15, 2014 at 10:44 PM
So, what about the $11.5 MILLION dollars of public taxpayer funds that Seton was set to receive from the passed Measure A funds with approval from the Board of Supvs.??? Has this or will this be fully repaid before the sale of Seton and the other DCHS and not a gift of public funds to a private entity? Sounds like a District Attorney investigation may be warranted.
wolfone January 16, 2014 at 10:46 AM
CQ I hope you call the DA about this! Timing is really funny right when the ACA goes into effect and they might be "held accountable" they want to quit? I hope Kaiser buys up all of them!
patricia Nelson January 16, 2014 at 12:20 PM
Many Doctors are retiring due to Obamacare. Seton has for years taken emergency care, and covered costs for those who cannot afford to pay, where Peninsula hospital does not do this and Kaiser will turn away if you are not a member. A hospital must sustain as a "for profit" unless it's county owned...Obamacare does not make that possible. Furthermore, When your premiums have gone through the roof with a deductible that was once 500 and now is 2500.00 like my own did, it should be called the Train Wreck of all healthcare systems, and it's just begun...Don't bother responding with how good the healthcare law is...those are just words...I depend out real outcomes and loosing Seton is a example of how rotten it really is.
wolfone January 16, 2014 at 09:35 PM
Patrica, "Kaiser will turn away if you are not a member" that is a lie! I was in Kaiser ER a year ago, they wanted to do a MRI I said whoa wait? I can't afford that. They said you get the same care whether you can afford it or not its the Law! We cannot turn anyone down and then she stopped b/c nurses are not supposed to take about money. Also,too, I've never gotten decent care at Seton they killed a friend of mine, My father was dx with strokes over and over agains until he got taken to Kaiser (Finally) and they found out the REAL reason for his seizures he was diabetic. Seton is a example of how rotten for profit Healthcare is. You sound like someone who is sour grapes. R-sourgrapes.
patricia Nelson January 16, 2014 at 11:29 PM
Are you serious! Kaiser is a "for profit" hospital all the while your claiming they saved your fathers life. Government run healthcare kills people...Why do you think folks from Canada come to the US for care. It's sour grapes when a President lies about what this healthcare bill that's been shoved down our throats has turned out to be...I will not be voting nor my will my well informed intelligent friends for any Congressmen or Senators who've or intend to support this law. I'll miss Seton Medical, the Sisters of Charity have developed one the finest Cardio centers in the US. I hope the new owners continue to do the same...enough said.
Lionel Emde January 17, 2014 at 12:08 AM
"Kaiser is a "for profit" hospital all the while your claiming they saved your fathers life. Government run healthcare kills people..." That's an interesting assertion. While I have serious problems with Kaiser, with whom I've been a member for more than 30 years, I doubt very much that they are worse than Seton. In fact, the reason Seton's owners sunk so much money into the campaign for a tax increase, is because the county wanted more health care coverage for the poor in the north county, and Seton was the obvious choice. The fact that they are selling now bears close examination. "Daughters of Charity," maybe.
wolfone January 17, 2014 at 10:25 AM
Lionel, Yes! Patricia is obviously a paid troll against the ACA. http://bit.ly/1acVOp0 for Patrica, also,too I didn't say Kaiser "Saved my fathers life" READ! I said until he got to Kaiser he was misdiagnosed! But reading comp isn't a strong suit in R troll capabilities. I agree with Lionel "daughters of Charity" should be investigated. I do have to agree about the Cardio at Seton,tho. Kaiser would send all its patients up there for sx. I'm sure that will not change whomever buys Seton. Outside of that she spews antigov talking points, that are proven LIES and she even LIED about what I SAID as you can read above. Patrica for the most is a EPIC FAIL.

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