The proposed sale of North Colorado Medical Center in Greeley to Banner Health received approval late Wednesday from Colorado Attorney General Phil Weiser.
“Banner Health has said it is committed to continuing toprovide important health care services to the residents of Northern Colorado,” Weiser said in a news release from his office.
In Colorado, the attorney general is required by law to review sales like this to make sure they won’t result in a “material change in the charitable purposes to which the assets of the hospital have been dedicated, and that assets don’t leave the state,” according to the release.
Weiser, who hosted a town hall Sept. 27 in Greeley and took public comment on the proposed transaction, found the terms of the sale met both those conditions and signed off on it.
“Banner Health will continue to operate North Colorado Medical Center and will continue to be dedicated to providing health care services to the citizens of Northern Colorado,” the release stated.