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Boone HealthTuesday, November 10

Boone County is weighing a $36 million sale of Boone Hospital property to an unnamed buyer

The Daily Columbia teamFrom today’s edition · 1 min read · 2 sources

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If you follow Boone Hospital, today's Boone County Commission meeting matters. Documents previewing the meeting show commissioners are considering selling hospital property for $36 million to "." The Missourian says the resolution gets a first reading Tuesday, with a vote expected Thursday.

So who's Organization B? We don't know yet. Two buyers were interested, but neither is named in public documents, and a hospital spokesman didn't name them when ABC 17 News reached out. Spokesman Christian Basi did say the sale is part of the ongoing process to find a strategic partner to run the hospital.

The proposed Boone Hospital property sale by the numbers

$36 million
proposed price for the hospital property
2
buyers interested, neither named publicly
$600,000
to end the cooperative agreement with the trustees

Source: ABC17NEWS

  • Buyer: unnamed, called "Organization B" in agenda documents
  • Covers: real property, improvements and certain other assets
  • Also covers: certain medical office buildings and outpatient care facilities

Agenda documents say the hospital's Board of Trustees unanimously approved bringing the measure to the commission, calling it "in the best interest of the Hospital, the Health System, and the people of Boone County." A first reading will also end the cooperative agreement with the county hospital board of trustees for $600,000.

The commission takes up the sale resolution this week

StepWhen
First readingTuesday, Nov. 10
Vote expectedThursday

Sources: ABC17NEWS, Columbia Missourian

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