Piedmont Healthcare To Invest More Than $250 Million In Columbus Regional Acquisition

Piedmonst Healthcare (Piedmont) is nearing the completion of its acquisition of Columbus Regional Health. The purchase—set to finalize on March 1—will see Piedmont investing over $250 million in the Columbus area over an eight year period.

As part of the acquisition, Piedmont will assume Columbus Regional’s debt, as well as possibly purchase both a $7 million emergency room and a $25 million cancer center expansion for Columbus. Completion of the purchase now rests on the shoulders of Attorney General Chris Carr’s office, who must sign off on the deal after its 120-day review period.

Piedmont . . .