Execs with HCA Holdings, Memorial Health Board of Directors, and officials with the Chatham County Hospital Authority have agreed on a deal worth $710 million for HCA's South Atlantic Division to purchase the assets of the Savannah, Ga.-based health system.
Brentwood-based Corizon Health has announced a new five-member board following the company's recapitalization. M*Modal Chairman Jeff Goldberg will serve as chair of the Corizon Health Board and is joined by former Capella CEO Dan Slipkovich and former Allinas Health president and CEO Kenneth Paulus as independent directors. Corizon CEO Karey Witty and a member of the investor group round out the new board.
Nashville-based Council Capital has invested in Idaho-based Triad Learning Systems, which provides test prep and continued education for behavioral health professionals.
Community Health Systems, Inc. has reached a definitive agreement to sell the 125-bed Stringfellow Memorial Hospital in Anniston, Ala., to the city's healthcare authority for a price of $25 million.
Ardent Health Services completed its purchase of LHP Hospital Group in Texas in March. LHP's interim CEO Paul Kappelman has joined Ardent as executive vice president and COO. Previously, Kappelman served as LHP's president of Hospital Operations and was CEO of hospital in Arizona prior to that.
Louisiana-based Amedisys, which has its executive headquarters in Nashville, recently announced acquisition of East Tennessee Personal Care Service. The Knoxville-based company delivers care to 600 clients, generating approximately $5 million in annualized revenue. The transaction was anticipated to close on May 1.
Executives with Quality Systems said their NextGen Healthcare Information Systems subsidiary would pay more than $30 million for Brentwood-based clinical documentation company Entrada. The publicly traded California company said the intention is to invest in the local venture, which has grown to more than 60 employees since launching in 2010.
In the wake of rapid growth over the past few years, HealthStream has signed an agreement to move their headquarters to the new Capitol View project when the North Gulch development is completed in 2019.