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Ascension finalizes acquisition of 4 Tennessee hospitals: 3 things to know

St. Louis-based Ascension has finalized its previously announced agreement with Franklin, Tenn.-based Capella Healthcare to acquire four hospitals in Tennessee that were jointly owned by Capella and Ascension's Tennessee ministry, Saint Thomas Health.

Here are three things to know about the deal.

1. With the deal’s closure, the Nashville, Tenn.-based Saint Thomas Health network has grown to nine hospitals. A comprehensive network of affiliated joint ventures, medical practices, clinics and rehabilitation facilities complement the hospital services and cover a 68-county area.  

2. The four hospitals that are now full members of the Saint Thomas Health family, joining Saint Thomas Midtown Hospital, Saint Thomas West Hospital and Saint Thomas Hospital for Spinal Surgery in Nashville and Saint Thomas Rutherford Hospital in Murfreesboro, Tenn., are:

  • River Park Hospital (McMinnville, Tenn.)
  • Highlands Medical Center (Sparta, Tenn.)
  • DeKalb Community Hospital (Smithville, Tenn.)
  • Stones River Hospital (Woodbury, Tenn.)

 3. The four hospitals were previously part of a Capella-Saint Thomas joint venture to expand community services and enhance cardiac, stroke and telemedicine services. 


More articles on healthcare transactions and affiliations:

Virginia Mason, Yakima Valley Memorial Hospital affiliation talks move forward: 3 things to know
LifePoint Health to buy 80% of Watertown Regional Medical Center: 4 things to know
St. Francis Hospital ends transaction talks with CHS: 3 things to know

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