Santa Clara (Calif.) County’s board of supervisors voted unanimously to appropriate $315 million toward its efforts to acquire East San Jose, Calif.-based Regional Medical Center from HCA Healthcare and restore services, the San Jose Spotlight reported. The county is still finalizing its agreement to purchase Regional Medical Center from Nashville, Tenn.-based HCA, according to the report. The board is allocating $175 million of the appropriated funds toward acquisition of the hospital.
Read the full article: California County OKs $315M to Buy, Integrate HCA Hospital into Public System //
Source: https://www.beckershospitalreview.com/hospital-transactions-and-valuation/california-county-oks-315m-to-buy-integrate-hca-hospital-into-public-system.html