Becker's Healthcare September 26, 2024
Santa Clara (Calif.) County’s board of supervisors has unanimously approved the appropriation of $315 million to purchase a hospital from HCA Healthcare, one of the country’s largest ASC operators.
Here are five things to know:
1. The county is finalizing the agreement to acquire the 252-bed Regional Medical Center in East San Jose, Calif., with plans to restore previously reduced services.
2. Of the allocated $315 million, $175 million will go to the acquisition of the hospital. An additional $80 million will fund the first few months of hospital operations while awaiting reimbursements. Up to $30 million is designated for acquiring independently owned medical office buildings near the hospital, $20 million for purchasing and implementing an...
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