NOTICE OF PENDING APPLICATION FOR A CERTIFICATE OF PUBLIC ADVANTAGE REGARDING A PROPOSED TRANSACTION BETWEEN HCA HEALTHCARE, INC., TULANE UNIVERSITY, UNIVERSITY HEALTHCARE SYSTEM, L.C., AND LOUISIANA CHILDRENS MEDICAL CENTER d/b/a LCMC HEALTH

The Department of Justice, Office of the Attorney General, State of Louisiana, hereby provides notice that it has received an Application for a Certificate of Public Advantage regarding a proposed transaction between HCA Healthcare, Inc. (HCA), Tulane University (Tulane), University Healthcare System, L.C. (UHS), and Louisiana Childrens Medical Center d/b/a LCMC Health.

Under the proposed transaction, HCA will transfer its ownership interest in UHS to Tulane. LCMC Health will subsequently acquire the membership interests of UHS from Tulane and will become the sole member of UHS. UHS (which consists of Tulane University Medical Center, Tulane Lakeside Hospital and Lakeview Regional Medical Center) will operate as a local not-for-profit entity under LCMC Health.

Under the proposed agreement, the majority of services currently provided at Tulane Medical Center will shift to nearby East Jefferson General Hospital and University Medical Center New Orleans. Additionally, LCMC Health has committed to capital investments in the operations of East Jefferson General Hospital, Lakeview Regional Medical Center, and Tulane Lakeside Hospital. The proposed transaction is expected to close as soon as practicable if and when the COPA application is approved by the Louisiana Attorney General.

Pursuant to La. R.S. 40:2254.4 and L.A.C. 48:XXV.511, on or before December 7, 2022, all interested persons may submit comments regarding the transaction to:

Angelique Freel

Director, Civil Division

Office of the Attorney General

Louisiana Department of Justice

1885 North 3rd St., 6th Floor

Baton Rouge, Louisiana 70802

(225) 326-6000 (Telephone)

(225) 326-6096 (Fax)

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