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West Palm Beach, Fla.-based Rennova Health has completed the acquisition of Jellico (Tenn.) Community Hospital and CarePlus Center in Williamsburg, Ky.
The total cost of the acquisition is roughly $908,000. Rennova President and CEO Seamus Lagan said Jellico Community Hospital and CarePlus Center are expected to generate approximately $12 million in collectible net revenue per year.
With the addition of the new facilities, Rennova owns three hospitals and two physician offices.
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