Santa Clara County Finalizes $150M Deal To Buy Regional Medical Center

SAN JOSE, CA — Santa Clara County has finalized an agreement to take over the Regional Medical Center from HCA Healthcare and integrate the facility into the Santa Clara Valley Healthcare system.

Regulatory approvals are pending for the $150 million purchase, which officials expect to close by April 1.

The 258-bed hospital has provided high-level care to East San Jose for six decades. HCA Healthcare downgraded the level of trauma, comprehensive stroke and certain cardiac services (STEMI) at RMC in August. The county plans to restore Level II trauma care as soon as it assumes control of the facility in the spring, with plans to restore STEMI and stroke services soon after.

"We are pleased that we have reached an agreement with HCA to integrate Regional Medical Center into the Santa Clara Valley Healthcare system," said County Executive James R. Wiliams. "Restoring RMC's previous levels of care, including lifesaving trauma services, and incorporating it into the county's excellent healthcare system will improve care for those living in East San Jose and our broader community."

Several members Board of Supervisors praised the completion of the deal Monday as restoring a vital piece of the healthcare system to its former strength.

"Growing up in East San Jose, Alexian Brothers, now Regional, was a hospital that the community relied on and that people trusted," said District 1 Supervisor Sylvia Arenas. "By buying Regional, the county will rebuild that trust and restore services where they are needed most. This is a huge milestone in the county's mission and legacy of serving as a safety net for the whole county — including East San Jose and South County."