Tenet and WellStar began negotiations last July, and the systems entered a definitive agreement for the sale of the hospitals and clinics last December.
The five hospitals included in the deal are: Atlanta Medical Center; East Point, Ga.-based Atlanta Medical Center-South Campus; Roswell, Ga.-based North Fulton Hospital; Griffin, Ga.-based Spalding Regional Hospital; and Jackson, Ga.-based Sylvan Grove Hospital.
More articles on healthcare industry transactions:
26 hospital transactions and partnerships in March
Capella inks private-public partnership with Arkansas hospital
Advocate, NorthShore to offer low-cost health plan if merger goes through
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