The Transylvania Times -

Foundation Would Get $15 Million After Hospital Sale – Brevard NC


August 20, 2018

Mission Health’s Board of Directors today announced that if and when the Mission Health and HCA Healthcare (HCA) transaction is closed, each Entity Legacy Foundation, including Transylvania’s, will receive $15 million to improve the health and wellbeing of their community, according to a press release.

None of the existing foundations within the Mission Health system are part of the contemplated transaction with HCA. They are independent and will remain so, the release said. However, as part of the contemplated transaction, each will be redefining its goals and purpose since their p...

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