Officials said the ownership transition will not affect the facility’s staff, services or quality of care.
The financial terms of the transaction were not disclosed.
LHC Group and LifePoint Health embarked on a joint venture agreement in November 2016.
More articles on transactions and valuations:
Global Medical REIT closes 2 acquisitions worth $74M
MultiCare to finalize purchase of CHS-owned hospitals by early summer
The Carle Foundation acquires second Illinois hospital
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
