Mission Health Signs Definitive Agreement to be Acquired by HCA Healthcare
September 4, 2018
FOR IMMEDIATE RELEASE
Rowena Buffett Timms
Mission Health (828) 213-1268
MISSION HEALTH SIGNS DEFINITIVE AGREEMENT TO BE ACQUIRED BY HCA HEALTHCARE
Purchase agreement ensures access to high quality care for everyone in western North Carolina and provides exceptional protections for rural communities; Creates largest per capita foundation in America
ASHEVILLE, NC – August 31, 2018 – Mission Health's Board of Directors announced today that Mission Health and HCA Healthcare (HCA) have entered into a definitive agreement for HCA to acquire Mission Health. The Agreement will be sent to the North Carolina Attorney General for applicable regulatory review.
As part of its normal regulatory review process, the attorney general will evaluate any effect the transaction could have on market competition, whether HCA Healthcare is paying a fair price for the acquisition and how proceeds resulting from the sale will continue to benefit western North Carolina. To read the full press release, click here.