HCA Announces Agreement to Purchase North Carolina's Mission Health for $1.5 Billion
After its initial letter of intent was disclosed in March, HCA Healthcare announced a definitive agreement to acquire North Carolina's Mission Health system on Aug. 31. With a price tag of nearly $1.5 billion, the transaction marks one of the largest single deals in HCA's recent history. HCA gains seven facilities with nearly 1,000 combined beds, while establishing a new foothold in North Carolina. Given Mission Health's non-profit status, the transaction is particularly unique and will be subje...HCA Healthcare is a holding company. Through its subsidiaries, partnerships and joint ventures, the company owns and operates hospitals and related health care entities. Most of the company's general, acute care hospitals provide medical and surgical services, including inpatient care, intensive care, cardiac care, diagnostic services and emergency services. The general, acute care hospitals also provide outpatient services such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology and physical therapy. The company's psychiatric hospitals provide therapeutic programs including child, adolescent and adult psychiatric care, adolescent and adult alcohol and drug abuse treatment and counseling.
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