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HCA Healthcare to buy North Carolina's Mission Health for $1.5 billion

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Staff Writer | August 31, 2018
HCA Healthcare announced a definitive agreement with Mission Health, a nonprofit North Carolina health system.
HCA Healthcare
Acquisition   HCA will acquire substantially all the assets of Mission Health
Under the agreement, HCA will acquire substantially all the assets of Mission Health, for approximately $1.5 billion. The proceeds will be contributed to the nonprofit Dogwood Health Trust, whose purpose is to use those funds to improve the health and well-being of the people and communities of western North Carolina.

Under the agreement, HCA will acquire 763-bed Mission Hospital in Asheville; 80-bed CarePartners Rehabilitation Hospital in Asheville; 49-bed Mission Hospital McDowell in Marion; 25-bed Angel Medical Center in Franklin; 25-bed Transylvania Regional Hospital in Brevard; 25-bed Blue Ridge Regional Hospital in Spruce Pine; and 24-bed Highlands-Cashiers Hospital in Highlands.


 

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