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Stanford hospitals offer Palo Alto $173 million to sweeten hospital expansion development
The Mercury News

Stanford has sweetened an offer to Palo Alto with the aim of making its proposed $3.5 billion hospital expansion easier to swallow. Stanford Hospital and Clinics and Lucile Packard Children’s Hospital announced Wednesday they’re willing to pony up to $173 million in “community benefits,” or $49 million more than offered in June, to offset the impacts of their expansion.