California county agrees to buy hospital in $150M deal

Chief Healthcare Executive January 18, 2025
Ron Southwick

HCA Healthcare is selling the Regional Medical Center to Santa Clara County. County officials say they’re planning to restore some services to the hospital.

After months of discussions, a California county has reached an agreement to buy a hospital from HCA Healthcare, the nation’s largest for-profit health system.

Santa Clara County is buying Regional Medical Center from HCA Healthcare in a $150 million transaction. The county and HCA announced this week that they have reached a definitive agreement.

Officials say they still must obtain regulatory approvals, but they expect to close the transaction on April 1. To make that deadline, county officials said they will need “timely” licensure approvals from the state of California.

The county said that it was...

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