Article: LifePoint Hospitals to Sell Two West Virginia Hospitals.

BRENTWOOD, Tenn. -- LifePoint Hospitals, Inc. (NASDAQ:LPNT) today announced the signing of definitive agreements for the sale of two of its hospitals in West Virginia. St. Joseph's Hospital, a 325-bed hospital located in Parkersburg, West Virginia, will be sold to Signature Hospital Corporation, Dallas, Texas, and 155-bed Saint Francis Hospital in Charleston, West Virginia, will be sold to Herbert J. Thomas Memorial Hospital Association, South Charleston, West Virginia. Both hospitals had been classified as assets held for sale since purchased from HCA Inc. in June 2006. A majority of the proceeds will be used to pay down Company debt. Terms of the transactions were not ...

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!