HCA Healthcare Acquires 80% Stake in Brookdale Health Care Services from Brookdale Senior Living
July 1, 2021
HCA Healthcare has completed the purchase of an 80% equity stake in Brookdale Health Care Services from Brookdale Senior Living for $400 million, creating a joint venture that adds approximately 80 sites of care and more than 4,000 colleagues to HCA. Brookdale retained a 20% interest; the transaction expands HCA's post-acute care capabilities (home health, hospice and therapy) to improve care coordination, quality and access.
- Buyers
- HCA Healthcare, Inc.
- Targets
- Brookdale Health Care Services
- Sellers
- Brookdale Senior Living Inc.
- Industry
- Healthcare Services
- Location
- Tennessee, United States
- Transaction Type
- Divestiture
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