HCA buyout includes Albany hospital - WALB.com, Albany News, Weather, Sports

HCA buyout includes Albany hospital

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July 24, 2006

Albany -- The nation's largest hospital corporation, H.C.A., is being bought by a group of investors.

HCA Founder Dr. Thomas Frist and three private investment groups will pay 21 Billion dollars and assume 11 Billion in debt. Frist is the brother of Senate Majority Leader Bill Frist. HCA owns 176 hospitals in 21 states, including the Palmyra Medical Centers in Albany, as well as hospitals in Tallahassee, Macon, and Columbus.

HCA's Chairman said the deal will help them maintain their "high quality, compassionate care."

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