Overall, this buyout will give Banner better capabilities in treating the patients of Weld County.

The Greeley Tribune is reporting that Banner Health should be taking over all assets of NCMC in the next 60 days for $328.4 million, and Weld County will be 'getting out of the landlord business.'

According to the Trib, NCMC will be receiving about $60M that they'll use to create a new philanthropic foundation for the residents of Weld County; Weld County itself will also be getting about $60M, which they'll initially put towards their Bright Futures program.

Overall, this buyout will give Banner better capabilities in treating the patients of Weld County.

Get more on Banner buying out the remainder of NCMC from the Greeley Tribune HERE.