Banner completes purchase of NCMC buildings
GREELEY — Banner Health closed the property transfer of North Colorado Medical Center from Weld County earlier this month as part of its larger $328.4 million acquisition of the hospital.
The Arizona health care group paid $280,501,500 for the hospital and its clinics around Greeley on Oct. 9, according to Weld County property records. The deal was first announced between Banner, the county and NCMC Inc., the hospital’s holding company, in August.
Banner closed that property transfer a week after Colorado Attorney General Phil Weiser greenlit the deal. The state attorney general’s office is required to review major deals between local governments and companies for possible loss in benefits to an area, and to make sure assets don’t leave the state.
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GREELEY — Banner Health closed the property transfer of North Colorado Medical Center from Weld County earlier this month as part of its larger $328.4 million acquisition of the hospital.
The Arizona health care group paid $280,501,500 for the hospital and its clinics around Greeley on Oct. 9, according to Weld County property records. The deal was first announced between Banner, the county and NCMC Inc., the hospital’s holding company, in August.
Banner closed that property transfer a week after Colorado Attorney General Phil Weiser greenlit the deal. The state attorney general’s office…
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