Healthtrust-The Hospital Co. has agreed to buy one hospital, sell another and divest a third.
In Central California, the Nashville, Tenn.-based company has agreed to sell 52-bed Visalia (Calif.) Community Hospital to Kaweah Delta Hospital District for $9.8 million. The deal will consolidate inpatient services in Visalia, a two-hospital town.
Kaweah Delta's board treasurer, Carl Anderson, said the 300-bed district hospital contacted Healthtrust about buying Visalia Community after Healthtrust acquired the hospital as part of its merger with Epic Healthcare Group in May.
Federal Trade Commission clearance of the deal was not required because the hospital has fewer than 100 beds and has fewer than 40 patients per day, two of the "safety zones" outlined by the FTC and the Justice Department, he added.
In addition, Healthtrust agreed to buy 52-bed Saint Joseph's Hospital-Dahlonega (Ga.) from St. Joseph's Health System, Atlanta. The Dahlonega hospital is about 30 miles northwest of Healthtrust's Lanier Park Regional Hospital in Gainesville, Ga. Terms were not disclosed.
Also, Healthtrust divested 97-bed Doctors Memorial Hospital in Spartanburg, S.C., by not renewing its lease of the facility, which expired July 31. The hospital subsequently has closed.
Representatives of the hospital's owner, Tennessee-based Rice Maddox Partnership, were not available for comment on the closure.