Hospital operator mergers have created big—sometimes behemoth—health systems that will provide the scale necessary to achieve operating efficiencies and compete for more cost-conscious consumers. So they say. But some of the biggest mergers in recent years have so far failed to deliver.
LifePoint Health CEO Bill Carpenter credits his legal training for helping him steer the for-profit hospital chain through a series of recent acquisitions, supported by the system's solid financial performance.
A series of 2016 hospital acquisitions by LifePoint Health is expected to add $1.25 billion of revenue this year to the company, but be slightly dilutive to earnings until those hospitals are fully absorbed within the year, the company said in an earnings release Friday.
BlackRock, the world's largest asset manager, is placing big bets on healthcare stocks. The giant New York money manager, which oversees more than $4.5 trillion in assets, took large positions last year in at least 14 investor-owned healthcare companies and a host of medical-device and equipment...
LifePoint Health, the acquisition-hungry hospital chain based in Brentwood, Tenn., announced it closed on a deal for two South Carolina hospitals.
Baptist Health and LifePoint Health are among 10 Kentucky health systems forming a collaborative they say will combat the state's poor health outcomes by sharing best practices and reducing the costs of care.
Baptist Health and LifePoint Health are among 10 Kentucky health systems joining a collaborative to combat the state's poor health outcomes by sharing best practices and reducing the costs of care. The news comes the same week as the governor announced plans to end Kynect, the state-run exchange.
Following its acquisition by LifePoint Health this week, St. Francis Hospital in Columbus, Ga., has named David Koontz as CEO.
Investor-owned LifePoint Health has acquired St. Francis Hospital in Columbus, Ga., about a year after the independent hospital began seeking a suitor in light of debt problems and accounting irregularities flagged by the U.S. Department of Housing and Urban Development.
The easy money of the last seven years is over. Healthcare borrowers face new calculations for when—and how much—to borrow.
Tenet Healthcare Corp. announced an agreement to shed its North Carolina hospitals, one of several deals that will generate $1 billion for the Dallas-based hospital company as it looks toward beefing up its ambulatory portfolio.
Melissa Waddey has been promoted to senior VP of operations strategy and integration at Brentwood, Tenn.-based LifePoint Health.