KC Health Care Foundation wins legal judgment against HCA

Courtesy of Wikimedia Commons
Courtesy of Wikimedia Commons

The Health Care Foundation of Greater Kansas City has won a $434 million legal judgment in its long-running dispute with health care giant HCA.

In its final ruling Wednesday, the Jackson County Circuit Court ruled that HCA owes the Health Care Foundation $434 million because HCA didn’t come close to making $450 million in promised capital improvements to the aging hospitals it purchased for $1.13 billion from Health Midwest in 2003.
If the ruling stands after HCA’s expected appeal, it will virtually double the size of the foundation’s endowment, turning it into a billion-dollar institution funding local safety net health care clinics, social service organizations and health advocacy groups.

 


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