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Article: LifePoint Hospitals Signs Definitive Agreement with HCA to Add Five Hospitals in Virginia and West Virginia.
- Article from:
- Business Wire
- Article date:
- July 14, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BRENTWOOD, Tenn. -- LifePoint Hospitals, Inc. (NASDAQ: LPNT) today announced the signing of a definitive agreement to purchase five rural Virginia and West Virginia hospitals from HCA (NYSE:HCA) for approximately $285 million, plus working capital. The Company expects to complete the transaction in the fourth quarter of 2005.
The five facilities include 200-bed Clinch Valley Medical Center, Richlands, Virginia; 325-bed St. Joseph's Hospital, Parkersburg, West Virginia; 155-bed Saint Francis Hospital, Charleston, W. Virginia; 369-bed Raleigh General Hospital, Beckley, West Virginia; and 68-bed Putnam General Hospital, Hurricane, West Virginia.
In ...
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... ... 14, 2002 LifePoint Hospitals, Inc. (NASDAQ ... acquire Logan, West Virginia-based Logan ... executive officer of LifePoint Hospitals, said, "We ... entities in West Virginia to our growing ... and southern West Virginia. This facility ... we serve." LifePoint ...
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