HCA sells 4 hospitals to Piedmont

Nashville, Tenn.-based HCA Healthcare has completed the sale of four Georgia hospitals to Atlanta-based Piedmont Healthcare, a Piedmont spokesperson confirmed to Becker’s on Aug. 2.

Advertisement

The four hospitals involved in the sale are the Eastside Medical Center in Snellville; the Cartersville Medical Center; and the two-hospital Coliseum Health System, which includes Coliseum Medical Centers in Macon and Coliseum Northside in Macon. With the transaction complete, the hospitals will be renamed Piedmont Eastside Medical Center, Piedmont Cartersville Medical Center, Piedmont Macon Medical Center and Piedmont Macon North Hospital.

With the deal, Piedmont has grown to a 15-hospital system.

HCA Healthcare announced plans to divest the four Georgia hospitals for about $950 million on May 3.

“We look forward to working alongside the great teams at each of these organizations and serving their communities,” Piedmont told Becker’s. 

Advertisement

Next Up in Transactions & Valuation Issues

  • CMS established a new physician nutrition specialist specialty code, effective beginning Oct. 1. The code helps physician nutrition specialists —…

  • Two Minnesota health systems announced plans to combine into a 22-hospital system, and UPMC finalized a deal that moves it…

  • York (Maine) Hospital officially joined Portland-based MaineHealth Oct. 1, according to a post on the hospital’s Facebook page.  The hospital…

Advertisement

Comments are closed.