Published in Physician Law Weekly, February 1st, 2006
Previously owned by Sherman Oaks Health System, a California nonprofit public benefit corporation, SOH is a 153-bed acute care facility that has been serving its community since 1958. SOH provides medical/surgical services and is the home of the well-renowned Grossman Burn Center.
In the early 1990s, SOH raised senior debt through a public bond issue. While this financing provided much needed capital,...
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