Cook bacon in a large skillet until crisp; remove bacon, and drain on paper towels, reserving 1/4 cup drippings in skillet. Crumble bacon.
Combine sliced potato, half of bacon, onions, and next 3 ingredients in skillet.
Cook, covered, over low heat 15 minutes; uncover and cook 10 minutes or until golden brown on bottom. Sprinkle with remaining bacon.