Article: LifePoint Hospitals to Sell Smith County Memorial Hospital.

BRENTWOOD, Tenn. -- LifePoint Hospitals, Inc. (NASDAQ: LPNT) today announced the signing of a definitive agreement for the acquisition of Smith County Memorial Hospital, a 63-bed hospital located in Carthage, Tennessee, by Sumner Regional Health Systems, Inc. The transaction is expected to close in the first quarter. Terms of the transaction were not announced.

"This transaction completes a long-term goal to bring the two Carthage area hospitals under common owners," said Kenneth C. Donahey, chairman, president and chief executive officer of LifePoint Hospitals. "Sumner Regional Health Systems, Inc., a private, not-for-profit system, owns a number of facilities ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!