Market Overview

HCA Healthcare Announces Agreement to Acquire Mission Health


HCA Healthcare (NYSE:HCA) today announced a definitive agreement with
Mission Health, a nonprofit North Carolina health system. Under the
agreement, HCA will acquire substantially all the assets of Mission
Health, for approximately $1.5 billion. The proceeds will be contributed
to the nonprofit Dogwood Health Trust, whose purpose is to use those
funds to improve the health and well-being of the people and communities
of western North Carolina.

Under the agreement, HCA will acquire 763-bed Mission Hospital in
Asheville; 80-bed CarePartners Rehabilitation Hospital in Asheville;
49-bed Mission Hospital McDowell in Marion; 25-bed Angel Medical Center
in Franklin; 25-bed Transylvania Regional Hospital in Brevard; 25-bed
Blue Ridge Regional Hospital in Spruce Pine; and 24-bed
Highlands-Cashiers Hospital in Highlands.

"Mission Health is the premier healthcare system in western North
Carolina, with a 130-year tradition of high quality patient care," said
Milton Johnson, HCA Healthcare's chairman and chief executive officer.
"We look forward to continuing Mission Health's focus on excellence, and
investing in western North Carolina to improve the health of the region."

This transaction is subject to the terms and conditions of the Asset
Purchase Agreement between the parties, as well as review by the North
Carolina Attorney General's Office.

About HCA Healthcare

Nashville-based HCA Healthcare is one of the nation's leading providers
of healthcare services, operating 178 locally managed hospitals and
approximately 1,800 sites of care, including surgery centers,
freestanding ERs, urgent care centers and physician clinics, in 20
states and the United Kingdom. With its founding in 1968, HCA created a
new model for hospital care in the United States, using combined
resources to strengthen hospitals, deliver patient-focused care and
improve the practice of medicine. HCA has conducted a number of clinical
studies, including one that demonstrated that full-term delivery is
healthier than early elective delivery of babies and another that
identified a clinical protocol that can reduce bloodstream infections in
ICU patients by 44 percent. HCA is a learning healthcare system that
uses its more than 28 million annual patient encounters to advance
science, improve patient care and save lives. Please click here to connect
with HCA
on social media.

All references to "Company" and "HCA" as used throughout this
document refer to HCA Healthcare, Inc. and its affiliates.

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