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Jeff Bezos is donating $100 million to American food bank – CNN

Jeff Bezos is donating $100 million to US food banks to help them feed a growing number of out-of-work Americans who are losing their jobs during the ongoing coronavirus pandemic.The Amazon (AMZN) CEO donated to Feeding America, a Chicago-based nonprofit with more than…

PBGC to take over two Verity Health pension plans

Pension Benefit Guaranty Corporation (PBGC) signage is displayed outside their office in Washington, D.C.The Pension Benefit Guaranty Corp. is taking over two pension plans sponsored by Verity Health System of California, a bankrupt non-profit that is being acquired by the…

KPC Global Last-ditch Effort to Reopen Hahnemann

A California-based hospital management company is planning to be in Wilmington Wednesday, hoping to provide an alternative option to selling Hahnemann University Hospital’s residents program assets to a group of area health systems for $55 million.KPC Global, which wants to…

KCP Global Health Care Center in Hemet Welcomes New Physician Residents

Thirty-five recently graduated medical and osteopathic doctors received their white coats in special ceremonies, June 28, at the KPC Health Center in Hemet officially recognizing them as physicians beginning their one to three year residencies in their chosen specialties.The new…

KPC’s Chaudhuri Aims For Kaiser-Like Integration

KPC Group founder Kali Chaudhuri is attempting to do what a private capital firm, a nonprofit charity, and Los Angeles’ wealthiest person couldn’t—turn around a struggling regional hospital system. The Business Journal reported last month that Chaudhuri’s KPC planned to pay…

Seton Sale Overcomes Big Hurdle

Nearly three months after a bid to acquire Seton Medical Center in Daly City and Seton Coastside in Moss Beach was filed in federal bankruptcy court, Southern California-based KPC Health announced its $610 million bid for four hospitals was approved…

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