01 Oct Request that HCA pay a fair market value for Mission Hospital’s assets and that there will be no conflicts of interest involved in the sale transactions. The basic text of the sales agreement has now been made public (though without many important appendices).
HCA Healthcare is paying a fair price for Mission Health, whose Board of Directors was advised by and received a fairness opinion from a pre-eminent healthcare investment bank to ensure that HCA was paying a fair pricebeforethe Mission Health Board was willing to approve the final definitive agreements. The North Carolina Attorney General reviews the effect the transaction might have on market competition, ensures that HCA is paying a fair price for the entity (the fairness opinion), and ensures that any proceeds resulting from the sale continue to benefit the public.
All of the relevant and appropriate transaction documents are posted on the home page of the Mission Health Forward website, far beyond the “basic text of the sales agreement.” For instance, the Asset Purchase Agreement (APA) Schedules (a document with 2,670 pages) can be found here, the APA Exhibits can be found here, and the Mission Health Fairness Opinion can be found here.