LifePoint Hospitals, Brentwood, Tenn., said it has signed a definitive agreement to acquire two Alabama hospitals and has purchased the remaining 30% interest that it did not already own in a Kansas hospital. LifePoint said it hopes to complete its purchase of 47-bed Carraway Burdick West Medical Center, Haleyville, Ala., and 57-bed Carraway Northwest Medical Center, Winfield, Ala., by year-end. Terms were not disclosed. The seller is Carraway Methodist Health Systems, Birmingham, Ala., which would retain only its flagship, 363-bed Carraway Methodist Medical Center, Birmingham. Also, LifePoint said it would pay $25 million to buy out its partners in 99-bed Western Plains Medical Complex, Dodge City, Kan. HCA, Nashville, acquired a 70% interest in the hospital in 1995, and that interest was part of the assets spun off as LifePoint in 1999. LifePoint operates 24 hospitals, including its $19 million purchase this month of 100-bed Russellville (Ala.) Hospital. -- by Vince Galloro
LifePoint to acquire two Ala. hospitals
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