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March 05, 2020 01:04 PM

Prisma Health to buy two S.C. hospital systems from LifePoint

Shelby Livingston
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    Modern Healthcare Illustration / Getty Images

    South Carolina's largest health system Prisma Health will acquire two hospital systems from Brentwood, Tenn.-based rural hospital operator LifePoint Health, the organizations said Thursday.

    The acquisition includes Camden, S.C-based KershawHealth and Columbia, S.C.-based Providence Health, which together encompass three hospitals, a freestanding emergency department, and other facilities.

    Prisma Health said the deal would help it to transform healthcare in the state by expanding centers of excellence for cardiovascular, women's health, orthopedic and pediatrics, for example.

    "Providence and KershawHealth are known to share our commitment to improving patient experiences, clinical quality and access to care. We look forward to continuing our mutual goal of enhancing the health of our communities," Prisma Health CEO Mark O'Halla said in the news release Thursday announcing the acquisition.

    The deal must obtain regulatory approval, but South Carolina Gov. Henry McMaster has already blessed the merger, saying it "would provide new opportunities to enhance clinical quality and improve access to affordable care," according to the news release.

    Prisma Health itself is the product of a 2017 merger between Greenville Health System and Palmetto Health. The system, which rebranded from Palmetto to Prisma Health in January 2019, serves 1.2 million patients annually and includes 18 hospitals with nearly 3,000 beds. It also includes 300 physician practices.

    For-profit LifePoint acquired Providence Health in 2016 and Kershaw Health in 2018. Providence includes two hospitals, a freestanding ED, physician practices, and rehabilitation centers. KershawHealth includes a 119-bed medical center, along with outpatient and urgent care centers and other facilities.

    LifePoint merged with private-equity owned RCCH HealthCare Partners in late 2018.

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    • Blogs
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        • Nominate/Eligibility
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        • Healthcare Marketing Impact Awards
        • Top Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - AI and Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Sponsored Video Series - One on One
      • Sponsored Video Series - Checking In with Dan Peres
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