Brookdale Sells 20% Stake in Hospice, Home Health JV with HCA
12/29/23 at 03:47 AM
Brookdale Sells 20% Stake in Hospice, Home Health JV with HCA
Hospice News
December 27, 2023
Brookdale Senior Living has sold its remaining 20% stake in its hospice, home health and therapy joint venture with HCA Healthcare for $27 million. The company did not name the buyer. The joint venture formed in 2021 when the senior housing operator sold an 80% stake in its health care services segment to HCA, a large hospital operator, in a $400 million transaction.