REDWOOD CITY, CA — After a round of negotiations, it was a unanimous decision at the San Mateo County board of supervisors chambers.
In a 4 to 1 vote — the supervisors decided to give $20 million, or $5 million annually over four years, to the buyer of Seton Medical Center, currently owned by Verity Health, which filed for bankruptcy in 2018.
“$20 million: $10 million from the county, $10 million from the Health Plan of San Mateo, which I’m a board member. And those monies can be programmed, whether it’s for seismic or whether it’s for patient care,” said Supervisor David Canepa.
It was the third emergency meeting held to save Seton Hospital in a little over a week, and the supervisors got to hear from the public — which Canepa believes motivated the board to take action.
“250 people, 300 people, three days is because of these folks, Daly City people, whether they’re Filipinos, whether the Latinos Caucasians, today is a special day. It’s a historic day. And it makes me happy.”
Seton Hospital is Daly City’s largest employer and services a large portion of northern San Mateo county, mostly the elderly.
Its nurses and health professionals present said they are happy with the board’s decision.
“So we’re very hopeful now. We do really need to keep this hospital open especially with this coronavirus that we have on-going. The hospital needs to stay open. The community needs this hospital.”
According to Canepa, there are currently two possible buyers who are working on closing a deal with the hospital system’s current owner.