Just before Christmas, LifePoint Health announced the completion of its acquisition of Kindred Healthcare, just two months after the transaction was first announced, Health Leaders reports.
Through the transaction, LifePoint grew its already large footprint across 29 states, and now has more than 65 community hospital campuses, over 170 additional sites of care, and over 30 rehabilitation and behavioral health hospitals added from Kindred. The health system now has more than 50,000 employees and around $8.5 billion of revenue.
The successful acquisition also marks the launch of ScionHealth, a new health system based in Louisville, Kentucky, that will operate independently from LifePoint, with LifePoint’s previous executive vice president of integrated operations at the helm. Read more.
