NASHVILLE, Tenn.--(BUSINESS WIRE)--HCA (NYSE: HCA) today announced the completion of its purchase of The Colorado Health Foundation’s approximately 40 percent ownership of the HCA-HealthONE® LLC joint venture for $1.45 billion.
The system, which was created in 1995 as a joint venture between non-profit The Colorado Health Foundation and HCA, includes seven hospitals and 13 ambulatory surgery centers in the metro Denver area.
“HealthONE has been a vital part of the Denver community for 16 years, and during that time HCA has invested significantly to improve access to high-quality patient care,” said Jeffrey A. Dorsey, President of HCA’s Denver-based Continental Division. “We are pleased to complete this purchase, and we look forward to continuing HealthONE’s long-standing tradition of excellence and service.”
HCA’s plans to purchase full ownership of HealthONE were announced in June.
HealthONE is the largest healthcare system in the metro Denver area with 8,700 employees and 3,000 affiliated physicians. HealthONE includes the following: The Medical Center of Aurora and Centennial Medical Plaza; North Suburban Medical Center; Presbyterian/St. Luke’s Medical Center (P/SL) and Rocky Mountain Hospital for Children; Rose Medical Center; Sky Ridge Medical Center; Spalding Rehabilitation Hospital; Swedish Medical Center and Swedish Southwest ER; 13 ambulatory surgical centers; more than 30 occupational medicine/rehabilitation, specialty, and outpatient diagnostic imaging clinics; and AirLife Denver, which provides critical care air and ground transportation for an eight-state region.
All references to “Company” and “HCA” as used through this release refer to HCA Holdings, Inc. and its affiliates.