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May 13, 2021 01:23 PM

HCA exits northwest Georgia

Matti Gellman
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    HCA Healthcare

    HCA Healthcare is selling Redmond Regional Medical Center, a mid-size hospital in Rome, Georgia, to AdventHealth for $635 million. It's a strategic push by HCA to exit Atlanta's surrounding area.

    Earlier this week, HCA announced it was selling four hospitals to Piedmont Healthcare, a not-for-profit community based health system in Atlanta, for $950 million.

    The transaction is expected to close later this year, increasing Piedmont's presence in the Atlanta area.

    After the sale of Redmond, HCA will no longer have a presence in northwest Georgia.

    The hospital giant will focus on its network in southeast Georgia, citing attempts to "increase financial flexibility for investments in ongoing and future initiatives," as reason for the divestment.

    Experts say Redmond Regional was not able to benefit from a "broader HCA Healthcare network in the area." Efforts by HCA to expand its network into Georgia's southeast region took place May 3 when the company bought Meadows Regional Medical Center in Vidalia. 

    Once HCA sells Redmond, the chain will have only four hospitals in Georgia.

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    • News
      • Current News
      • COVID-19
      • Providers
      • Insurance
      • Government
      • Finance
      • Technology
      • Safety & Quality
      • Transformation
        • Patients
        • Operations
        • Care Delivery
        • Payment
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Digital Health
    • Insights
      • ACA 10 Years After
      • Best Practices
      • Special Reports
      • Innovations
    • Data/Lists
      • Rankings/Lists
      • Interactive Databases
      • Data Points
    • Op-Ed
      • Bold Moves
      • Breaking Bias
      • Commentaries
      • Letters
      • Vital Signs Blog
      • From the Editor
    • Awards
      • Nominate/Eligibility
      • 100 Most Influential People
      • 50 Most Influential Clinical Executives
      • Best Places to Work in Healthcare
      • Excellence in Governance
      • Health Care Hall of Fame
      • Healthcare Marketing Impact Awards
      • Top 25 Emerging Leaders
      • Top 25 Innovators
      • Diversity in Healthcare
        • - Luminaries
        • - Top 25 Diversity Leaders
        • - Leaders to Watch
      • Women in Healthcare
        • - Luminaries
        • - Top 25 Women Leaders
        • - Women to Watch
    • Events
      • Conferences
        • Transformation Summit
        • Women Leaders in Healthcare Conference
        • Social Determinants of Health Symposium
        • Leadership Symposium
      • Galas
        • Health Care Hall of Fame Gala
        • Top 25 Women Leaders Gala
        • Best Places to Work Awards Gala
        • Top 25 Diversity Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Supply Chain Revenue Cycle
        • - Hospital at Home
        • - Workplace of the Future
        • - Strategic Marketing
        • - Virtual Health
      • Webinars
      • Custom Media Event: ESG Summit
    • Listen
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