Daughters of Charity Health System attracts a lot more prospective buyers

March 22, 2015 8:04 PM

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Daughters of Charity Health System attracts a lot more prospective buyers

SAN JOSE -- Much less than two weeks soon after Prime Healthcare Services abandoned its $843 million bid for the nearly bankrupt Daughters of Charity Well being System, various possible purchasers are expressing interest in a single or all six of the hospitals, according to the nonprofit Catholic chain.

While Daughters would not disclose any names, this newspaper has discovered they include things like for-profit corporations such as Alecto Healthcare Services, owned by the brother-in-law of Dr. Prem Reddy, Prime's founder and CEO. And even Prime -- which says it pulled out of the deal because of t...

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