Healthcare Finance News January 15, 2025
The county plans to restore Level II trauma care immediately once it assumes hospital operations, it says.
The County of Santa Clara, California and HCA Healthcare have reached a definitive agreement in which the county will purchase Regional Medical Center for $150 million, the county said.
The two parties have signed an Asset Purchase Agreement, whereby RMC is planned to be integrated into the Santa Clara Valley Healthcare (SCVH) system.
While subject to the customary closing conditions and regulatory approvals, the transaction is expected to close on April 1, at which point the county is expected to assume operations at the hospital.
WHAT’S THE IMPACT?
RMC serves as the primary emergency healthcare provider for East San José, treating a range...
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