Under the transaction, LifePoint will combine with the health system operator Apollo currently owns, Brentwood-based RCCH HealthCare Partners. Both LifePoint and RCCH HealthCare operate facilities primarily in rural communities.
Although LifePoint canceled the earnings call, the company will release its results for the second quarter as scheduled before the market opens July 27.
More articles on healthcare finance:
For-profit hospital operators by the numbers: A look at HCA, Tenet, CHS, LifePoint and UHS
Why a Missouri hospital can’t afford accounting help after a 2,353% spike in revenue
California hospital considers scaling back services to reduce costs
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
