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Private equity giant Apollo has acquired Brentwood, Tennessee-based hospital system LifePoint Health in a deal valued at $5.6 billion. The deal includes $2.9 billion of LifePoint debt and...
The New LifePoint and ScionHealth. LifePoint, which generates around $9 billion in annual revenue, will take on Kindred’s rehabilitation and behavioral health businesses as well as its acute rehabilitation units, outpatient centers and post-acute facilities.
LifePoint Health and RCCH HealthCare Partners, which is owned by private equity firm Apollo Global Management, plan to merge, the two companies announced Monday. The deal is worth $5.6 billion, including $2.9 billion in LifePoint net debt and minority interest, and, upon closing of the transaction, LifePoint shareholders will receive $65.00 per ...
Apollo Global Management, a New York City-based private equity firm, made a $1.6 billion gain by selling its stake in Brentwood, Tenn.-based LifePoint Health to itself, Bloomberg reported...
Brentwood, Tenn. (November 16, 2021) – LifePoint Health, a leading healthcare company dedicated to Making Communities Healthier ®, has announced a joint venture with New York-based venture studio 25madison and Apollo Global Management (NYSE: APO) that will be seeded initially with $20 million to launch a first-of-its-kind healthtech startup ...
LifePoint Health is an American company that provides healthcare services in growing regions, ... launched an investigation into the effects of private equity ownership on hospitals that specifically mentioned Apollo's ownership of Lifepoint regarding high debt levels, cuts to services, layoffs, poor quality ratings, and regulatory investigations.
The combination of LifePoint Health and Kindred Healthcare will create a leading diversified healthcare delivery network with expanded services, resources and expertise to grow and invest in community healthcare while advancing LifePoint’s mission of Making Communities Healthier.
Apollo Global Management will buy LifePoint Health in a $5.6 billion deal that will expand its rural U.S. hospitals business, the latest in a series of bets by private-equity firms on health...
Tennessee-based LifePoint Health and RCCH HealthCare Partners signed an agreement to merge, forming a joint entity with a combined $8 billion in revenue. Apollo Global Management, an...
LifePoint Health today announced the completion of the transaction with Kindred Healthcare and the related launch of ScionHealth. As a result of the transaction, LifePoint, a leader in the delivery of community-based care, has expanded its presence as a diversified healthcare delivery network that spans 29 states and includes more than 65 ...