Mission Health CEO Dr. Ron Paulus shares his rationale behind the health system's intended sale to Hospital Corporation of America.

Mission Health sale could create massive community nonprofit

HCA’s purchase price for the system, plus Mission’s remaining net cash and investments, would fund a nonprofit foundation specifically devoted to boosting public health in the region. At a meeting of the Council of Independent Business Owners, President and CEO Ron Paulus claimed that the new organization’s assets, which could range from $1 billion to $2 billion depending on the final sale price, would make it one of the three largest foundations in North Carolina and the richest foundation per capita anywhere on the planet.