Palm Beach, Fla.-based Rennova Health recently disclosed how much it paid to acquire a Tennessee hospital from Franklin, Tenn.-based Community Health Systems.
Three things to know:
1. On June 1, Rennova acquired an 85-bed hospital in Jamestown, Tenn., from CHS.
2. Rennova paid CHS $635,096 in cash, which included $35,735 in closing costs, according to a recent Securities and Exchange Commission filing.
3. After factoring in additional costs associated with the deal, the total cost of the acquisition to Rennova was approximately $1.1 million.
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