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LifePoint merges with RCCH, goes private

Brentwood, Tenn.-based LifePoint Health has completed its merger with RCCH HealthCare Partners, which is owned by Apollo Global Management.

As a result of the transaction, LifePoint's common stock is no longer trading on NASDAQ and will be delisted.

The combined privately held company has facilities, including regional health systems, hospitals and physician practices, in more than 85 communities across the U.S.

"Today marks a historic moment for LifePoint Health and RCCH HealthCare Partners," said David Dill, whose appointment as CEO of LifePoint became effective upon completion of the transaction. "We are officially one organization dedicated to providing high quality, community-based healthcare, and I am energized by the opportunities we have ahead of us to serve non-urban communities across the country."

More articles on healthcare industry transactions:

CHI, Dignity unveil name for combined system
Bankrupt Mississippi hospital receives takeover bid
CHS agrees to sell New Jersey hospital facing closure

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