{"id":509181,"date":"2021-07-01T17:02:06","date_gmt":"2021-07-01T21:02:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\/"},"modified":"2021-07-01T17:02:06","modified_gmt":"2021-07-01T21:02:06","slug":"hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\/","title":{"rendered":"HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services"},"content":{"rendered":"

<\/p>\n

HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services<\/b><\/p>\n

NASHVILLE, Tenn.–(BUSINESS WIRE<\/a>)–HCA Healthcare, Inc.<\/a> (NYSE:HCA), one of the nation\u2019s leading healthcare providers, today announced the completion of the purchase of a majority stake in Brookdale Health Care Services (\u201cBHS\u201d) from Brookdale Senior Living Inc. (\u201cBrookdale\u201d) (NYSE: BKD). The joint venture expands post-acute care services within the HCA Healthcare continuum with a goal of improving quality and patient experience, as well as promoting access to care.\n<\/p>\n

\n\u201cWe view partnerships as foundational to our efforts to provide quality care to our patients, and we believe this joint venture will lead to improved care coordination,\u201d said Sam Hazen, chief executive officer of HCA Healthcare. \u201cOur objective is to be the healthcare system of choice, and the addition of these services to our network of care improves our ability to meet the care needs of our patients.\u201d\n<\/p>\n

\nAlready one of the nation\u2019s leading providers of healthcare services, HCA Healthcare is comprised of 186 hospitals and approximately 2,000 ambulatory sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 20 states and the United Kingdom. This joint venture adds approximately 80 sites of care and more than 4,000 colleagues to HCA Healthcare.\n<\/p>\n

\nHCA Healthcare purchased 80 percent equity of Brookdale Health Care Services for $400 million. Brookdale retained a 20 percent equity interest in the venture.\n<\/p>\n

About HCA Healthcare<\/b><\/p>\n

\nNashville-based HCA Healthcare is one of the nation\u2019s leading providers of healthcare services comprising 186 hospitals and approximately 2,000 ambulatory sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 20 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44 percent. HCA Healthcare is a learning health system that uses its more than 32 million annual patient encounters to advance science, improve patient care and save lives. Please click here<\/a> to connect with HCA Healthcare on social media.\n<\/p>\n

All references to \u201cCompany,\u201d \u201cHCA\u201d and \u201cHCA Healthcare\u201d as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.<\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210701005907\/en\/<\/a><\/span><\/p>\n

INVESTOR CONTACT:
\n<\/b>
Mark Kimbrough
\n
615-344-2688
\n<\/p>\n

MEDIA CONTACT:
\n<\/b>
Harlow Sumerford
\n
615-344-1851\n<\/p>\n

KEYWORDS:<\/b> United States North America Tennessee<\/p>\n

INDUSTRY KEYWORDS:<\/b> Health Hospitals<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE:HCA), one of the nation\u2019s leading healthcare providers, today announced the completion of the purchase of a majority stake in Brookdale Health Care Services (\u201cBHS\u201d) from Brookdale Senior Living Inc. (\u201cBrookdale\u201d) (NYSE: BKD). The joint venture expands post-acute care services within the HCA Healthcare continuum with a goal of improving quality and patient experience, as well as promoting access to care. \u201cWe view partnerships as foundational to our efforts to provide quality care to our patients, and we believe this joint venture will lead to improved care coordination,\u201d said Sam Hazen, chief executive officer of HCA Healthcare. \u201cOur objective is to … <\/p>\n

Continue reading “HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-509181","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE:HCA), one of the nation\u2019s leading healthcare providers, today announced the completion of the purchase of a majority stake in Brookdale Health Care Services (\u201cBHS\u201d) from Brookdale Senior Living Inc. (\u201cBrookdale\u201d) (NYSE: BKD). The joint venture expands post-acute care services within the HCA Healthcare continuum with a goal of improving quality and patient experience, as well as promoting access to care. \u201cWe view partnerships as foundational to our efforts to provide quality care to our patients, and we believe this joint venture will lead to improved care coordination,\u201d said Sam Hazen, chief executive officer of HCA Healthcare. \u201cOur objective is to … Continue reading "HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-01T21:02:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210701005907r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services\",\"datePublished\":\"2021-07-01T21:02:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/\"},\"wordCount\":452,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210701005907r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hca-healthcare-completes-previously-announced-purchase-of-majority-stake-in-brookdale-health-care-services\\\/\",\"name\":\"HCA Healthcare Completes Previously Announced Purchase of Majority Stake in Brookdale Health Care Services - 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