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AG’s report details improper use of funds by Ventura County Community Foundation
Story updated at 11:16 p.m. March 24: The Ventura County Community Foundation improperly used $3.8 million of endowment funds earmarked to support VCCF’s operations and made improper, over-investment of permanent funds into money market accounts, according to the California Attorney General’s office. The VCCF voluntarily released the information on March 23. “Though the AG did Read More →
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Cottage-Sansum merger proposal tests virtues of integration
State and federal regulators are grappling with a deal that could reshape the region’s health care landscape. The proposed merger of Cottage Health, operator of the only hospitals in South Santa Barbara County and the Santa Ynez Valley, with Sansum Clinic, the largest physician practice in the area, raises questions about cost, quality and Read More →
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