Article: COLUMBIA/HCA AND TULANE UNIVERSITY TO FORM $160 MILLION JOINT VENTURE

 
LOUISVILLE, Ky. and NEW ORLEANS, Sept. 23 /PRNewswire/ -- Columbia/HCA Healthcare Corporation (NYSE:COL) and Tulane University today announced the signing of a letter of intent to form a partnership for the joint ownership and operation of Tulane University Hospital and Clinic in New Orleans, La. 
Tulane University Hospital is a 269-bed, tertiary care facility with speciality services that include oncology, pediatrics, cardiovascular, ophthalmology, orthopedics, neurosurgery and a multi-organ transplant center.  The joint venture, in which Columbia/HCA will hold an 80- percent interest, will have a total value in excess of $160 million. 
"The opportunity to work with a ...

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