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
