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Gov. Newsom announces $300M funding for state’s distressed hospital loan program

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 […]