Brentwood, Tenn.-based Lifepoint Health has completed its acquisition of eight community hospitals from Louisville, Ky.-based ScionHealth.
The hospitals are spread across six states, according to a June 2 news release. Lifepoint acquired:
- Bolivar Medical Center in Cleveland, Miss.
- Ennis (Texas) Regional Medical Center
- Livingston (Tenn.) Regional Hospital
- Logan (W.Va.) Regional Medical Center
- Palestine (Texas) Regional Medical Center
- Parkview Regional Hospital in Mexia, Texas
- St. Joseph Regional Medical Center in Lewiston, Idaho
- Watertown (Wis.) Regional Medical Center
Lifepoint originally signed an agreement to acquire the hospitals in March.
ScionHealth said the eight hospitals will keep their current employees, providers and services. The company described the divestiture as part of a broader effort to strengthen its capital structure and focus on core operations.
ScionHealth said the sale concentrates its operations on specialty hospital services, leaving a smaller community hospital presence in select markets. The company operates more than 60 long-term acute care hospitals, according to its website.
