Mission Health and HCA Healthcare, have signed a Letter of Intent – what does this mean?

Mission Health and HCA Healthcare, have signed a Letter of Intent – what does this mean?

A Letter of Intent (LOI) means that the parties have mutually agreed to further evaluate a potential relationship between them using a defined process and within certain parameters.  Said another way, the LOI provides an outline of what an agreement might ultimately look like but it is fully contingent upon additional information and is non-binding.