Colorado nonprofit to sell its share of hospital group to for-profit HCA
The Colorado Health Foundation is selling its share of the Denver metro area's largest hospital group for $1.45 billion, giving up control to a giant for-profit chain while creating the largest charity in the state.
Hospital Corporation of America will pay cash for the foundation's 40 percent interest in a hospital collection that includes Swedish, Presbyterian/St. Luke's, Rose, Sky Ridge and more.
HCA has been the other owner and operating partner in HCA-Health ONE, with seven regional hospitals and dozens of outpatient clinics.
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