RevCycle Intelligence June 22, 2021
As part of the health system merger deal, LifePoint would also invest $1.5B over the next three years to advance care delivery in the communities it serves.
LifePoint Health is seeking to bolster its post-acute care network by acquiring Louisville, Kentucky-based Kindred Healthcare in a health system merger deal slated to close at the end of this year.
The two organizations entered a definite agreement earlier this week that would bring Kindred Health’s range of facilities, including long-term acute care hospitals, inpatient rehabilitation hospitals, acute rehabilitation units, and its behavioral health unit, under the LifePoint Health umbrella.
The deal would “create a leading diversified healthcare delivery network with expanded services, resources, and expertise to grow and invest in community healthcare...
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