Nonprofit healthcare system Verity Health has reached a potential breakthrough in its Chapter 11 bankruptcy proceedings with an agreement to sell four of its six hospitals for $610 million to a group based in Southern California.
Two of the four hospitals in Verity Health’s asset purchase agreement with KPC Group are located in Northern California. Seton Medical Center is in Daly City, and its sister facility Seton Coastside is found down the coast in Moss Beach.
