LifePoint Health, the acquisition-hungry hospital chain based in Brentwood, Tenn., announced it closed on a deal for two South Carolina hospitals.
The deal for the Sisters of Charity Health System's Providence Hospitals adds an acute-care hospital and orthopedic hospital in Columbia to LifePoint's recent acquisitions in Georgia, Indiana, Kentucky and Wisconsin. Terms of the deal were not disclosed.
LifePoint executives have said the company is seeking to build regional systems through a string of deals. The company's joint venture with not-for-profit Duke University Health System has expanded in recent years from North Carolina and Virginia to Michigan and Pennsylvania.
Earlier this month, LifePoint, Baptist Health and eight other systems announced plans to form a population health collaborative in Kentucky.
The deal means Cleveland-based Sisters of Charity Health System will exit the South Carolina market but continue to own and operate hospitals in Ohio.
LifePoint Health, an investor-owned hospital chain, said it would continue to follow Catholic ethical and religious requirements for healthcare as it operates Providence.
“We are excited to continue the hospital's Catholic identity and proud to be partners in writing the next chapter of Providence's history,” LifePoint CEO William Carpenter said in a news release.
LifePoint is also expected to expand services at the orthopedic hospital, the company said.
Providence Hospitals will be under the leadership of Scott Campbell, who was named market CEO. Campbell had been lead administrator and transition executive at Providence Hospitals during the acquisition.
