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Details of Stanford/ValleyCare merger

Original post made on Oct 3, 2014

The proposed affiliation of Pleasanton-based ValleyCare Health System and Stanford Hospital and Clinics became clearer Wednesday with Stanford agreeing to maintain ValleyCare as an acute care hospital with an intensive care unit, obstetric services and an emergency department for at least five years.

Read the full story here Web Link posted Friday, October 3, 2014, 7:51 AM

Comments (7)

Posted by VC Member
a resident of Birdland
on Oct 3, 2014 at 10:38 pm

Simple version is that Stanford will purchase VC for $133M, which includes $53M in cash plus assumption of $80M in assumed debt. After 5 years, Stanford can do anything they want with the properties in Pleasanton and Livermore (e.g., develop the many acres of these sites into 3 story, 30/acre apartment/condo units).

Despite this possibility, I voted for this sale because the alternatives are even less desirable. The demographics/income-level of the Livermore Valley makes this a desirable location for a major hospital complex, thereby increasing the likelihood that VC will remain as a hospital complex. Continuing with VC as is will not work for much longer, especially as the teeth of the "Affordable Care Act" and socialized medicine take hold. Affiliating with John Muir is definitely not desirable since they control (own?) San Ramon Regional Medical Center just up the road. The remaining affiliation, with UCSF, is not a good match because the latter is heavily government controlled, with a focus on serving those who have difficulty affording even the most basic medical services.

Posted by Ribit
a resident of Another Pleasanton neighborhood
on Oct 6, 2014 at 8:44 am

VC Member (or others with first-hand knowledge),
Now that people with Anthem Blue Cross will no longer be covered for services at Stanford Health, is this also going to be the situation for care provided by ValleyCare? Same question for care provided by ValleyCare Medical Foundation physicians.

Posted by Anne
a resident of Another Pleasanton neighborhood
on Oct 6, 2014 at 11:30 am

I called Anthem this morning about being able to use Valley Care if you have Anthem insurance, at this time Valley care is still a preferred provider. We will not receive a letter from Anthem telling us is Valley care stops being a preferred provider it is our responsibility to ask Valley Care. I was told we might receive a letter from Valley Care?

Posted by Jane
a resident of Another Pleasanton neighborhood
on Oct 6, 2014 at 9:21 pm

While I understand that ValleyCare must do something it continues to bother me that ValleyCare got into this mess and the former administration has been blamed for everything. Every board member that is still on the board that was there with the former administration should be let go. You can't tell me that they did not have an idea that ValleyCare was not doing well. Mr Sensiba and his cronies should be ashamed for not coming forward and taking part in the blame. Bad part is that there has been a lot of back stabbing and people clawing their way over each other to save their own hide.

Posted by Fallon
a resident of Dublin
on Oct 20, 2014 at 2:09 pm

I HATE VALLEY CARE! They destroyed my life....please go read my Yelp Review online, Medical Alert.

I am now Living out of state and my tumor is spreading! I don't know what to do

Posted by Employee
a resident of Livermore
on Oct 29, 2014 at 1:07 pm

As a VC employee, I have been informed that while Standford may not have a contract with Anthem BC they are obligated to let VC finish out its contract with them. When the ValleyCare contract with Anthem runs out I do not know if it will be renewed.

Posted by steve
a resident of Livermore
on Mar 8, 2015 at 2:13 pm

I've been with valleycare for going 24yrs. and so for it's been ok towork with. But now that Standford is going to take over I might retire earler then I want. Just wondreing if I'm going to get all thats coming to me when I do go. Like My ESL,PTO. and my retirment money that the hospital takes out for me when I do go. Or will they take that away like they did on the PTO hours.And the year end christmas money they did about 3 years ago for there own use.You probable won't post this because i'm telling the truth. Well have a nice day S.S.P.

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