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Tenet, WellStar reach agreement for sale of Tenet's Georgia hospitals

Dallas-based Tenet Healthcare and Marietta, Ga.-based WellStar Health System have entered a definitive agreement in which WellStar will acquire Tenet's five hospitals in the Atlanta area.

Included in the deal are 26 physician clinics as well as the five hospitals: Atlanta Medical Center; East Point, Ga.-based Atlanta Medical Center-South Campus; Roswell, Ga.-based North Fulton Hospital; Griffin, Ga.-based Spalding Regional Hospital; and Jackson, Ga.-based Sylvan Grove Hospital.

WellStar began pursuing the deal in July.

The agreement is expected to be completed as early as the first quarter of 2016.

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