Santa Clara County is buying two financially struggling local hospitals out of bankruptcy for $235 million, adding to the capacity of overcrowded county facilities, the Mercury News reports.
The county was the sole and winning bidder at a bankruptcy auction on Friday for Verity Health System's O’Connor Hospital in San Jose and St. Louise Regional Hospital in Gilroy, which includes the De Paul Health Center in Morgan Hill.
The hospitals were already receiving significant taxpayer assistance,…
