IN AN EFFORT TO KEEP struggling community hospitals open, California will provide close to $300 million in loans to 17 hospitals in the state, including some in the Bay Area, Gov. Gavin Newsom announced Aug. 24.
Exacerbated by the COVID-19 pandemic, hospitals around the country and across California have been facing severe financial distress, forcing some to close and others to get to the brink of closure. Many of these hospitals are located in rural areas of the state and serve lower-income people and communities of color.
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