LifePoint Health, RCCH HealthCare Partners Announce Merger Plans
Tennessee-based LifePoint Health and RCCH HealthCare Partners (RHHC) recently signed an agreement to merge. The resulting joint entity will have a combined $8 billion in revenue.
Specifically, the merger will see Apollo Global Management—which owns RCCH—acquiring LifePoint for a cost of $5.6 billion. The resulting health system from the acquisition will operate as LifePoint and include 84 hospitals across a span of 30 states, as well as about 7,000 clinical professionals and 24,000 licensed beds.
Based in Brentwood, Tennessee, RCCH HealthCare Partners is made up of 16 regional health systems located in 12 states . . .
