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December 10, 2015

Hospital Giant Ordered to Pay Health Foundation $434 Million

A Missouri judge has awarded the Health Care Foundation of Greater Kansas City nearly $434 million in its long-running legal battle with the for-profit hospital network HCA over the firm's 2003 purchase of several medical centers in the region, the public radio station KCUR reports.

The order handed down Wednesday incorporates $239.4 million in previously mandated payments for HCA's failure to fund capital improvements and charitable contributions it promised when it bought the then-nonprofit Health Midwest chain, the issue over which the foundation filed suit in 2009. The judgment also includes $167.1 million in interest and some $27 million in legal fees and expenses.

The foundation was created with proceeds from the $1 billion Health Midwest sale. HCA, the nation's largest for-profit hospital company, has denied reneging on its commitments in connection with the deal and says it will appeal the ruling.