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FTC Clears Ardent Health's Purchase of Two CHS Hospitals

The Federal Trade Commission has approved Nashville, Tenn.-based Ardent Health Services' purchase of SouthCrest Hospital in Tulsa, Okla., and Claremore (Okla.) Regional Hospital from Franklin, Tenn.-based Community Health Systems, according to an FTC release.

SouthCrest and Claremore will become a part of Tulsa, Okla.-based Hillcrest HealthCare system, a subsidiary of Ardent Health, according to a Hillcrest news release.

The release said financial terms of the agreement have still not been disclosed.

Related Articles on Hospital Transactions:

To Sell or Not to Sell: 3 Considerations for Leaders of Struggling Hospitals
University of Louisville President Asked to Defend Hospital Merger With CHI
Reluctant U of Maryland Medical System Decides to Participate in Public Hospitals' Turnaround

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