HCA Healthcare’s Acquisition of Utah Hospitals from Steward

Sidley Austin advised Steward Health Care System LLC on the deal.

Steward Health Care System LLC announced its sale of five hospitals and related hospital operations in Utah to HCA Healthcare, Inc. (NYSE: HCA).

In connection with this transaction, HCA Healthcare also entered into an agreement to lease the related real estate from its owner, Medical Properties Trust, Inc. (NYSE: MPW), following the expected closing.

Steward Health Care is the largest private, tax-paying physician-led health care network in the United States.

HCA Healthcare is an American for-profit operator of health care facilities that was founded in 1968.

The Sidley team is being led by Sam Wales (Picture) and Ankur Gupta (Private Equity), and includes a multi-office team consisting of: Ben Kirschner and Krista Lewis (Private Equity); Bekah Maloney and Amanda Patterson (M&A); Angela Fontana (Global Finance); Erica Taschler (Real Estate); Matthew Walker and Dane Rupley (Energy); Tara Lancaster and Katharine Funkhouser (Tax); Mark Langdon, Jon Zucker, Wandaly Fernandez, and Meredith Greene (Healthcare); Karen Kazmerzak and Beth Chen (Antitrust); Eric Winwood and Marian Fielding (Employee Benefits and Executive Compensation); Margaret Allen and Alaric R. Smith (Commercial Litigation and Disputes); Martha Clarke, Jason Marsico, and Katie Sreenan (Labor, Employment and Immigration); Heather Palmer and Allen Braddock (Environmental); Lauren Grau and Grace Walton (Technology and IP Transactions); and Alan Charles Raul and Michael Roberts (Privacy and Cybersecurity).

 

 

Involved fees earner: Margaret Allen – Sidley Austin LLP; Allen Braddock – Sidley Austin LLP; Elizabeth Chen – Sidley Austin LLP; Martha Clarke – Sidley Austin LLP; Wandaly Fernandez – Sidley Austin LLP; Marian Fielding – Sidley Austin LLP; Angela Fontana – Sidley Austin LLP; Katharine Funkhouser – Sidley Austin LLP; Lauren Grau – Sidley Austin LLP; Meredith Greene – Sidley Austin LLP; Ankur Gupta – Sidley Austin LLP; Krista Kay Lewis – Sidley Austin LLP; Karen Kazmerzak – Sidley Austin LLP; Benjamin Kirschner – Sidley Austin LLP; Tara Lancaster – Sidley Austin LLP; Mark Langdon – Sidley Austin LLP; Rebekah Maloney – Sidley Austin LLP; Jason Marsico – Sidley Austin LLP; Heather Palmer – Sidley Austin LLP; Amanda Patterson – Sidley Austin LLP; Alan Charles Raul – Sidley Austin LLP; Michael Roberts – Sidley Austin LLP; Dane Rupley – Sidley Austin LLP; Alaric Smith – Sidley Austin LLP; Katie Sreenan – Sidley Austin LLP; Erica Taschler – Sidley Austin LLP; Samuel Wales – Sidley Austin LLP; Matthew Walker – Sidley Austin LLP; Grace Walton – Sidley Austin LLP; Eric Winwood – Sidley Austin LLP; Jon Zucker – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Steward Health Care System;

Author: Martina Bellini