LifePoint Health Completes Sale of Three Louisiana Hospital Campuses
Jul. 31, 2018
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Jul 31, 2018--LifePoint Health, Inc., (NASDAQ: LPNT) today announced the completion of a transaction with Allegiance Health Management (AHM) in which the Company sold its ownership interest in three Louisiana hospital campuses and associated assets: Mercy Regional Medical Center in Ville Platte, Acadian Medical Center (a campus of Mercy Regional) in Eunice, and Minden Medical Center in Minden.
AHM is based in Shreveport, La. and is a regional leader in healthcare operations in Louisiana and surrounding states. As part of its system, these hospitals will have expanded opportunities for regional collaboration and to create regional networks to reach and positively impact the lives of even more people.
With the transaction completed, LifePoint Health now operates 68 hospital campuses and regional health systems, as well as physician practices, outpatient centers, and post-acute service providers in 22 states. The Company continues to focus on fostering the growth and success of its facilities, enhancing quality care and patient safety, and pursuing new markets where the organization can make a difference.
About LifePoint Health, Inc.
LifePoint Health (NASDAQ: LPNT) is a leading healthcare company dedicated to Making Communities Healthier®. Through its subsidiaries, it provides quality inpatient, outpatient and post-acute services close to home. LifePoint owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in 22 states. It is the sole community healthcare provider in the majority of the non-urban communities it serves. More information about the Company can be found at www.LifePointHealth.net. All references to "LifePoint," "LifePoint Health" or the "Company" used in this release refer to affiliates or subsidiaries of LifePoint Health, Inc.
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CONTACT: LifePoint Health, Inc.
Michelle Augusty, 615-920-7654
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA TENNESSEE
INDUSTRY KEYWORD: HEALTH HOSPITALS GENERAL HEALTH
SOURCE: LifePoint Health, Inc.
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PUB: 07/31/2018 06:00 PM/DISC: 07/31/2018 06:01 PM