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California hospital finally funds $42 million expansion

San Francisco Chronicle, June 19, 2009
St. Rose Hospital of Hayward (CA) will today celebrate a $42 million expansion that it funded with a state-backed bond sale. The offering, which closed at the end of May, is the first such deal in California since the financial crisis erupted in September. Plans include a seismic retrofit, 30 new hospital beds and equipment and technology upgrades at the hospital.