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Wyoming Medical Center to be sold for $200 million

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Health care logo(Source: Gray News)
Published: Jul. 15, 2020 at 7:11 PM CDT
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CASPER, Wyo. (AP) — Healthcare giant Banner Health is set to acquire the Wyoming Medical Center in a deal worth more than $200 million, hospital and county officials announced Tuesday. The deal requires the blessing of the center’s board and approval by the Natrona County commissioners.

The Casper Star-Tribune reported that, if approved, Banner would buy the medical center’s land, equipment and buildings from the county for $157 million. The deal would also eliminate $50 million of the center’s debt. Of the $157 million the county will receive under the proposal, it will keep roughly $120 million. The rest will go to the hospital’s foundation.

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