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Santa Clara County officials have reached a deal with the nation’s largest private hospital operator to purchase Regional Medical Center in East San José and fold it into the public health care system.
The county announced the “definitive agreement” on Monday afternoon, saying it would pay Nashville-based HCA Healthcare $150 million for the 258-bed hospital, with the deal set to close on April 1, pending regulatory approval.
The price and timeline details add clarity to the county’s rough plan to buy the facility, which it initially announced in August, following months of community outcry about major service cutbacks under HCA’s watch. The county has pledged to reverse those cuts…