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Article: Parties in Los Gatos Hospital Acquisition Agree on Terms Allowing El Camino Hospital an Early Close of Escrow.
- Article from:
- Health & Medicine Week
- Article date:
- March 30, 2009
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In a presentation to the Los Gatos Town Council last evening, El Camino Hospital officials announced that the property owner, Tenet and El Camino Hospital had signed agreements that will allow an early close of escrow on the Community Hospital of Los Gatos acquisition. The agreements will allow El Camino Hospital to gain access to the hospital April 11 instead of June 1, seven weeks earlier than previously announced. Parties had sought the agreements in order to reduce the time the Los Gatos site would be closed. With a minimum of 90 days from close of escrow needed to prepare the hospital for reopening, El Camino Hospital officials told council members that they are ...