Nashville, Tenn.-based HCA's plans to acquire the Colorado Health Foundation's shares of its Denver-based joint venture HCA-HealthOne for $1.45 billion would not include a guarantee that HCA would keep all of the HealthOne hospitals open, according to a Denver Post report.
The foundation board is reportedly still negotiating with HCA over whether the for-profit operator would allow the current joint venture hospitals to continue to treat non-emergency Medicaid patients, according to the report.
A preliminary acquisition agreement is currently being reviewed by the Colorado attorney general.
Read the Denver Post report on HealthONE.
HCA to Acquire Full Ownership of Denver's HCA-HealthONE for $1.45B
The foundation board is reportedly still negotiating with HCA over whether the for-profit operator would allow the current joint venture hospitals to continue to treat non-emergency Medicaid patients, according to the report.
A preliminary acquisition agreement is currently being reviewed by the Colorado attorney general.
Read the Denver Post report on HealthONE.
Related Articles on HealthONE:
HCA's Planned Acquisition of HealthONE Needs Greater Oversight, Some ArgueHCA to Acquire Full Ownership of Denver's HCA-HealthONE for $1.45B