HCA Healthcare completed the acquisition of an 80% stake in Brookdale Health Care Services for $400m.

HCA Healthcare, a provider of health care services, completed the acquisition of an 80% stake in Brookdale Health Care Services, a provider of patient-centered care, from Brookdale Senior Living, which operates independent living, assisted living, and dementia-care communities and continuing care retirement centers, for $400m. Brookdale retains a 20% equity interest in the venture with HCA Healthcare. "I am delighted that we have completed the transaction with HCA Healthcare and started a new partnership opportunity with one of our nation's leading healthcare organizations. This transaction strengthens Brookdale's financial position, continues providing our residents with access to high quality services, and provides meaningful growth opportunities for BHS," Lucinda Baier, Brookdale's President and CEO.