St. Mary's Health Care System acquires Ty Cobb Regional Medical Center: 7 things to know

Athens, Ga.-based St. Mary's Health Care System has acquired Lavonia, Ga.-based Ty Cobb Regional Medical Center. 

Here are seven things to know about the acquisition, according to St. Mary's Heath Care System.

1. The acquisition was effective June 1.

2. Ty Cobb Regional Medical Center is now officially St. Mary's Sacred Heart Hospital.

3. St. Mary’s and its parent organization, Livonia, Mich.-based Trinity Health, are paying $12.9 million for the 56-bed hospital, its certificate of need, grounds and certain related services, such as Clear Creek OB/GYN and the wellness center, according to the Georgia Attorney General’s office.

4. St. Mary’s won't acquire any outstanding debt from the construction of the hospital.

5. Jeff English, vice president of human resources and support services at St. Mary's Health Care System, is now the interim president of St. Mary's Sacred Heart Hospital. His leadership team includes Lauren Papka, director of administrative and support services, and Regina Hooper, director of nursing.

6.  With the acquisition, former Ty Cobb Regional Medical Center CEO Greg Hearn has ended his leadership over the hospital, but will continue to serve as CEO of Lavonia, Ga.-based Ty Cobb Healthcare System.

7. TCHS will retain facilities and services not included in the sale to St. Mary's, such as the Gables, Home Base Health Services, LifeSprings, the Ty Cobb Museum and rental properties.