Hospital Transactions & Valuation Issues
Sponsored by VMG Health | gregk@vmghealth.com / osullivan@vmghealth.com | 214.369.4888
LifePoint Hospitals Complete Acquisition of Sumner Regional Health Systems for $156.8M
September 01, 2010
LifePoint Hospitals has finalized its acquisition of Gallatin, Tenn.,-based Sumner Regional Health Systems for the cash price of $156.8 million, according to a press release by SRHS legal representation Proskauer.
Sumner Regional Heath Systems is the predominant healthcare provider for an 11-county region in north-central Tennessee. Legal representatives from Proskauer are confident the transaction with LifePoint will sustain and enhance the quality of patient care in the communities served, according to the report.
LifePoint Hospitals operates 48 hospital campuses in 17 states.
Read the Proskauer report on the LifePoint acquisition of Sumner Regional Health Systems.
Read previous coverage on Sumner Regional Health System:
- LifePoint Hospitals to Acquire Tennessee's Sumner Regional Health Systems for $145M
- County Files Appeal Against LifePoint's Purchase of Tennessee's Sumner Regional
© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.