September 23, 2021 – HCA Healthcare, Inc. (Nashville, TN) and Steward Health Care have signed a definitive agreement under which HCA Healthcare will acquire the operations of Steward Health Care’s five Utah hospitals.
HCA Healthcare also entered into an agreement to lease the related real estate from its owner following the expected closing.
The hospitals will become part of HCA Healthcare’s Mountain Division, which includes 11 hospitals in Utah, Idaho and Alaska.
The sale of the facilities to HCA Healthcare will enhance Steward Health Care’s ability to continue growing and reinvesting in other states and locations served by the health system. Steward Health Care also operates hospitals in Arizona, Texas, Arkansas, Louisiana, Florida, Ohio, Pennsylvania, and Massachusetts.
The transaction is subject to customary regulatory approvals and other closing conditions. Terms of the agreement were not disclosed.