The $145 million deal includes a commitment of $9 million in working capital, according to the report. Sumner announced its sale to Lifepoint only days after it filed for Chapter 11 bankruptcy in April.
The transaction must now be approved by the Tennessee Attorney General.
Read the Nashville Business Journal‘s report on Sumner Regional Health System.
Read other Becker’s coverage on Sumner Regional Health System.
Judge Delays Decision on LifePoint’s Acquisition of Sumner Regional
LifePoint Hospitals to Acquire Tennessee’s Sumner Regional Health Systems for $145M
Tennessee’s Sumner Health to Sell Properties to Shore Up Finances
