Date: January 17, 2017
Contact: Jennifer Sykes
Phone: (816) 241-7006
KANSAS CITY, MO – The Missouri Court of Appeals issued its judgement today in the ongoing litigation between the Health Care Foundation of Greater Kansas City (HCF) and the Hospital Corporation of America (HCA) and its affiliate, HM Acquisition LLC.
The Missouri Court of Appeals reversed part of the Circuit Court’s December 9, 2015, Judgment and upheld part of that Judgment. The appellate court modified the amount of the Judgment to $188,074,491.
“We respect the Missouri Court of Appeals’ decision and realize that additional legal proceedings may occur,” said HCF Board Chair Wayne Powell. “HCF remains committed to its mission of eliminating barriers and promoting quality health for the underserved and uninsured in the region.”
HCF President/CEO Bridget McCandless, M.D., said the ruling does not represent an immediate expansion of HCF’s grant-making resources. HCF will take the necessary time to understand the ramifications of this ruling.
“Once litigation concludes, HCF will continue a deliberate and thoughtful review of our region’s health needs and engage community partners to discuss how this ruling can be leveraged to continue to positively impact our service area,” said McCandless.
HCF’s board of directors initiated this lawsuit against HCA out of fiduciary responsibility and to ensure the uninsured and underserved were afforded services promised as a result of Health Midwest’s asset sale.
Media inquiries related to the judgment may be directed to Paul Seyferth of Seyferth Blumenthal & Harris, LLC, at816-756-0700.