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The Colorado Health Foundation Completes Sale of HCA-HealthONE Equity Stake

Published in Managed Care Weekly Digest, October 31st, 2011

2011 OCT 31 -- The Colorado Health Foundation today received a $1.45 billion payment from HCA Inc. for its 40 percent equity stake in the Denver-area's HCA-HealthONE health care system.

Approved by Colorado Attorney General John Suthers, the divesture allows the Foundation to transfer its assets to a diversified investment portfolio that will strengthen its long-term vision to make Colorado the healthiest state in the nation. The Foundation, which provided more than $90 million in funding to its grant partners in 2010, works with health-related nonprofits to increase access to health care and health coverage while promoting healthy living for Coloradans...

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