County considers $36 million sale of Boone Health land, property to unnamed buyer

COLUMBIA, Mo. (KMIZ)

Boone County will consider selling the land and buildings that make up Boone Hospital to an unnamed buyer.

Documents previewing the Boone County Commission’s meeting on Tuesday show the commission is considering selling hospital property for $36 million to “Organization B.”

The sale will include “the real property, improvements, and certain other assets owned by the Board of Trustees and used in the operation of the Health System, as well as certain medical office buildings and outpatient care facilities owned by the Board of Trustees,” documents state.

Two buyers were interested in the purchase, but neither were identified in public documents or by a hospital spokesman when ABC 17 News reached out. Spokesman Christian Basi did say the potential sale is part of the ongoing process to find a strategic partner to run the hospital.

The Board of Trustees had unanimously approved to bring this measure to the commission, claiming “it is in the best interest of the Hospital, the Health System, and the people of Boone County,” agenda documents say.

A first reading will also end the cooperative agreement with the county hospital board of trustees for $600,000.