TriStar Health completed its purchase of NorthCrest Health in Springfield, TN. The hospital will be renamed TriStar NorthCrest Medical Center, connecting it to TriStar Health, one of the largest healthcare providers in Middle Tennessee. As part of TriStar Health, NorthCrest Health joins a collaborative healthcare network.
Net proceeds from the transaction will be approximately $14-$16 million and will be used to create a new non-profit foundation specifically focused on supporting programs and initiatives to improve the health and wellness of Robertson County, TN, the hospital said in a press release. Read more.