Piedmont, which now includes 11 hospitals, has bought a few other hospitals in the past two years. The system acquired Athens (Ga.) Regional Medical Center in 2016 and Conyers, Ga.-based Rockdale Medical Center in October, according to The Covington News.
Quorum, the 28-hospital spinoff of Franklin, Tenn.-based Community Health Systems, said it used the proceeds from the transaction to pay down debt.
More articles on healthcare industry transactions:
CHS continues hospital sell-off spree: 3 things to know
Healthcare deals reach $156B so far this year, marking busiest start in more than a decade
HCA looks to expand into North Carolina with acquisition of Mission Health
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