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Merger indigestion: Big hospital mergers failing to deliver promised results

Merger indigestion: Big hospital mergers failing to deliver promised results

By Melanie Evans  |  April 23, 2016

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.

How LifePoint's lawyer-CEO guides the company's rapid growth

How LifePoint's lawyer-CEO guides the company's rapid growth

By Lisa Schencker  |  March 12, 2016

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.

LifePoint's acquisitions boost revenue

By Dave Barkholz  |  February 12, 2016

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.

Does BlackRock's spending spree auger health stock comeback?

By Bob Herman and Dave Barkholz  |  February 06, 2016

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...

10 Kentucky systems team up in statewide collaborative

By Maria Castellucci  |  January 30, 2016

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.

10 Kentucky health systems band together in statewide collaborative

By Aurora Aguilar  |  January 28, 2016

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.

LifePoint buys troubled St. Francis Hospital in Ga., two N.C. hospitals

LifePoint buys troubled St. Francis Hospital in Ga., two N.C. hospitals

By Dave Barkholz  |  January 04, 2016

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.

Tenet to sell two North Carolina hospitals to Duke LifePoint

Tenet to sell two North Carolina hospitals to Duke LifePoint

By Melanie Evans  |  November 03, 2015

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.

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