HCA to Acquire Full Ownership of Denver’s HCA-HealthONE for $1.45B

Nashville, Tenn.-based HCA has entered into a non-binding memorandum of understanding with The Colorado Health Foundation to acquire full ownership of Denver-based HCA-HealthONE for $1.45 billion, according to an HCA news release.

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HCA expects its purchase of the foundation’s approximately 40 percent ownership of HealthONE to close in the third quarter of 2011.

HCA and the foundation created HealthONE as a joint venture in 1995. It includes seven hospitals, 13 ambulatory surgery centers, more than 30 occupational medicine/rehabilitation, specialty and outpatient diagnostic imaging clinics as well as the critical care transportation program AirLife Denver.

Read the HCA release on The Colorado Health Foundation and HCA-HealthOne.

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