LifePoint Hospitals, Inc.

Agreement with HCA to purchase 5 hospitals in Virginia, West Virginia signed

Published in Lab Law Weekly, August 19th, 2005

LifePoint Hospitals, Inc. (LPNT) announced the signing of a definitive agreement to purchase 5 rural Virginia and West Virginia hospitals from HCA (HCA) for approximately $285 million, plus working capital. The company expects to complete the transaction in the fourth quarter of 2005.

The 5 facilities include 200-bed Clinch Valley Medical Center, Richlands, Virginia; 325-bed St. Joseph's Hospital, Parkersburg, West Virginia; 155-bed Saint Francis Hospital, Charleston, W. Virginia; 369-bed Raleigh General Hospital, Beckley, West Virginia; and 68-bed Putnam General Hospital, Hurricane, West Virginia.

LifePoint Hospitals, Inc. is a hospital company...

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Source: Lab Law Weekly (2005-08-19)

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