California County Reaches Tentative Agreement To Acquire HCA Hospital
California’s Santa Clara County reached a tentative agreement with HCA Healthcare to purchase Regional Medical Center (RMC) in San Jose for $175 million. The county plans to integrate the facility into its county-operated Santa Clara Valley Healthcare system.
The county said it would pay for the 252-bed hospital through approved FEMA reimbursements from COVID-19 pandemic county response efforts. The county said the one time-funds are expected to be received over the next few months and are "appropriate to utilize to invest in acquiring RMC without negatively impacting the rest of the county budget.”
RMC’s . . .