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
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
