Events

Contra Costa County offers loan forgiveness to Doctors Medical Center

The Contra Costa County Board of Supervisors agreed to forgive about $9 million in repayment debt from struggling Doctors Medical Center (DMC) over the next three to five years. Supervisors John Gioia and Federal D. Glover proposed the two resolutions on Dec. 2, one providing immediate financial relief and the other a long-term stabilization strategy. DMC has been steeped in financial turmoil since it was rescued from bankruptcy in 2008, and  faced possible closure since the beginning of summer. Now,…