San Joaquin County, Dignity Health reach extension on management services
The deal, which runs from July 1 of this year to June 30 of 2028, is worth just over $5.7 million. The county and Dignity Health, which is now known as CommonSpirit, have partnered on the hospital since 2022, when the board of supervisors found that San Joaquin General could operate more efficiently with a management agreement.
The deal was originally for an 18-month period with a 10-year option. The supervisors extended it for an additional 18 months in 2023, and the current deal was set to expire on June 30 of this year.
According to a press release from San Joaquin County, Dignity Health has implemented several changes in its time acting as management, including lowering the rate of SJGH-acquired infections, raising the hospital's Centers for Medicare and Medicaid Services hospital safety grade rating from an F to a C, reducing incomplete patient records from 15,000 to less than 200, and financial improvements.
"Since the implementation of the Management Services Agreement, CommonSpirit Health and St. Joseph's Medical Center have had a profound impact on both financial and quality measures at San Joaquin General Hospital," said BJ Predum, Market President of Dignity Health Central Valley. "By improving and standardizing processes, I am proud of all that we have accomplished together to enhance the health and well being of the San Joaquin County community."
Added Paul Canepa, Chair of the San Joaquin County Board of Supervisors, "Since the agreement began, the hospital has made great progress in improving patient care and its finances. We're excited to keep working together to build a strong, unified healthcare system that provides excellent care to everyone—no matter their ability to pay."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
08-08-2025
- Business Wire
Deadline Soon: Tempus AI, Inc. (TEM) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruz reminds investors of the upcoming August 12, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Tempus AI, Inc. ('Tempus' or the 'Company') (NASDAQ: TEM) common stock between , inclusive (the 'Class Period'). IF YOU ARE AN INVESTOR WHO LOST MONEY ON TEMPUS AI, INC. (TEM), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT. What Happened? On May 28, 2025, Spruce Point Capital published a report alleging, among other things, that Tempus' AI capabilities were overstated, and that Company's recent financial guidance revision revealed weakness in its core operations. On this news, Tempus' stock price fell $12.67, or 19.2%, to close at $53.20 per share on May 28, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Tempus inflated the value of contract agreements, many of which were with related parties, included non-binding opt-ins and/or were self-funded; (2) the credibility and substance of the joint venture with SoftBank was at risk because it gave the appearance of 'round-tripping' capital to create revenue for Tempus; (3) Tempus-acquired Ambry had a business model based on aggressive and potentially unethical billing practices that risked scrutiny and unsustainability; (4) AstraZeneca had reduced its financial commitments to Tempus through a questionable 'pass-through payment' via a joint agreement between it, the Company and Pathos AI; (5) the foregoing issues revealed weakness in core operations and revenue prospects; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Tempus securities between August 6, 2024 and May 27, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is August 12, 2025. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us: Frank R. Cruz The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Email us at: info@ Call us at: 310-914-5007 Visit our website at Follow us for updates on Twitter: If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
New York Post
08-08-2025
- New York Post
SoftBank, Meta make strides in data center push with purchase of EV plant, financing plans
SoftBank and Meta are making major strides in their push to jumpstart multi-billion dollar data center projects. SoftBank, the Japanese investment holding company led by Masayoshi Son, is buying an electric vehicle plant in Ohio from major Apple supplier Foxconn, according to Bloomberg. It's a notable step for the company, which has been struggling to plan out the finances of its massive Stargate project – a joint effort by SoftBank, OpenAI, Oracle and MGX to invest $500 billion in AI infrastructure across the country. Advertisement 4 Foxconn headquarters in New Taipei City. AFP via Getty Images Meta, meanwhile, has tapped US bond giant PIMCO and alternative asset manager Blue Owl to lead its $29 billion financing for data center expansion in rural Louisiana, a source familiar with the matter told The Post. PIMCO will handle about $26 billion of debt while Blue Owl will contribute about $3 billion in equity, the source said. SoftBank, Foxconn, Meta, PIMCO and Blue Owl did not immediately respond to The Post's requests for comments. Advertisement Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased investment in the country. SoftBank had approached Foxconn for help with its plan to build more massive data centers in the US, people familiar with the matter Bloomberg. The sale of the EV plant is a result of those talks, according to the report. Advertisement Earlier this week, Hon Hai Precision Industry – Foxconn's flagship unit – said it had agreed to sell the facility for $375 million to Crescent Dune LLC, though it did not disclose the company behind that entity. 4 President Trump and SoftBank CEO Masayoshi Son at the White House in April. AP Hon Hai's stake in the data center project would be a major win for SoftBank. The Foxconn unit was an investor in SoftBank's first venture capital fund. The unit would operate the plant and use the facility for its own AI server manufacturing business, and perhaps to host a data center, according to a Bloomberg report. Advertisement SoftBank and Foxconn earlier this year invested $735 million each into a joint venture to build data centers in the US. It is not clear whether SoftBank's investment in that partnership includes its payment for the EV plant. Meta has been working with Morgan Stanley to raise funds and find partners to back its AI push, according to Bloomberg. 4 Meta boss Mark Zuckerberg at a live recording panel for tech podcast Acquired. REUTERS The social media giant said last week that it planned to offload about $2 billion in data center assets as part of a strategy to share the costs of building these expensive facilities. Meta boss Mark Zuckerberg had pledged hundreds of billions of dollars toward the effort in July when he announced the company's superintelligence unit. The firm's first multi-gigawatt data center, called Prometheus, is expected to come online next year, Zuckerberg said last month. Another planned facility called Hyperion will be able to scale up to 5 gigawatts over the next coming years, he added. Advertisement As data center expansion ramps up across the country, some US residents are pushing back – outraged over the massive water and energy use needed to maintain these facilities. 4 A data center in Virginia. REUTERS Local officials in Tucson, Ariz., effectively killed a $3.6 billion Amazon-linked data center project this week when they unanimously voted to pause discussions with its developers. That vote required all staff to stop work on 'Project Blue,' a data center slated to be built on 290 acres of land in Pima County. Advertisement Amazon did not immediately respond to The Post's request for comment. While the county approved the sale of the land, the project still requires approval of its development plans. Two in-person meetings about the project drew in crowds of 800 to 1,000 enraged residents, who protested the massive amounts of water and energy needed to power the data center, according to the Tucson Sentinel. The project was expected to generate $250 million in tax revenue and create 3,000 temporary construction jobs – along with about 180 permanent positions earning an average salary of $64,000, according to the developers. Their only contractual obligation, however, was to hire just 75 workers.
Business Upturn
02-08-2025
- Business Upturn
TEMPUS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Tempus AI, Inc. and Encourages Investors to Contact the Firm
Bragar Eagel & Squire, P.C. Litigation Attorneys Encourage Investors Who Suffered Losses In Tempus (TEM) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Tempus between August 6, 2024 and May 27, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Aug. 02, 2025 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Tempus AI, Inc. ('Tempus' or the 'Company') (NASDAQ: TEM) in the United States District Court for the Northern District of Illinois on behalf of all persons and entities who purchased or otherwise acquired Tempus securities between August 6, 2024 and May 27, 2025, both dates inclusive (the 'Class Period'). Investors have until August 11, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. According to the complaint, defendants failed to disclose: (1) Tempus inflated the value of contract agreements, many of which were with related parties, included non-binding opt-ins and/or were self-funded; (2) the credibility and substance of the joint venture with SoftBank was at risk because it gave the appearance of 'round-tripping' capital to create revenue for Tempus; (3) Tempus-acquired Ambry had a business model based on aggressive and potentially unethical billing practices that risked scrutiny and unsustainability; (4) AstraZeneca had reduced its financial commitments to Tempus through a questionable 'pass-through payment' via a joint agreement between it, the Company and Pathos AI; and (5) the foregoing issues revealed weakness in core operations and revenue prospects. The complaint alleges that on May 28, 2025, Spruce Point Capital Management, LLC issued a report on Tempus that raised numerous red flags over Tempus' management, operations and financial reporting. The Spruce Point Report scrutinized Tempus on an array of issues, including: (1) defendant Eric Lefkofsky and his associates have a history cashing out of companies before public shareholders incur losses or lackluster returns; (2) Tempus' actual AI capabilities are overstated; (3) board members and other executives have been associated with troubled companies that restated financial results; (4) signs of aggressive accounting and financial reporting; (4) issues with the AstraZeneca and Pathos AI deal that merit scrutiny; and (5) the Company's recent financial guidance reveals weakness in core operations. On this news, the price of Tempus common stock fell $12.67 per share, or 19.23%, from a closing price of $65.87 per share on May 27, 2025, to a closing price of $53.20 per share on May 28, 2025. If you purchased or otherwise acquired Tempus shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X. Contact Information: Bragar Eagel & Squire, Walker, Passmore, Esq.(212) 355-4648 [email protected]
