CCH owns DeKalb Community Hospital in Smithville, Tenn., as well as Stones River Hospital in Woodbury, Tenn.
The transaction involved a subsidiary that owns a majority interest in Sparta, Tenn.-based White County Community Hospital, which is affiliated with Capella. Physician investors now own the balance of equity in the new three-hospital entity.
Read the news release on the official partnership between Capella Healthcare and Cannon County Hospital.
Related Articles on Hospital Transactions:
Capella Healthcare Signs Definitive Purchase Agreement With Cannon County Hospital in Tennessee
Highmark to Acquire Pittsburgh’s West Penn Allegheny Health System
HCA to Acquire Galichia Heart Hospital in Kansas
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