M&A Deal Summary

Capella Healthcare Acquires Lourdes Health Network

On June 30, 2015, Capella Healthcare acquired healthcare services company Lourdes Health Network from Ascension Health

Acquisition Highlights
  • This is Capella Healthcare’s 7th transaction in the Healthcare Services sector.
  • This is Capella Healthcare’s 7th transaction in the United States.
  • This is Capella Healthcare’s 1st transaction in Washington.

M&A Deal Summary

Date 2015-06-30
Target Lourdes Health Network
Sector Healthcare Services
Buyer(s) Capella Healthcare
Sellers(s) Ascension Health
Deal Type Divestiture

Target

Lourdes Health Network

Pasco, Washington, United States
Lourdes Health Network has been serving the Mid-Columbia region’s healthcare needs since 1916 – nearly a century of caring and growing with the region’s families. We are called to serve our community, our patients and our coworkers with respect and compassion – responding to their needs with a Christian spirit. Lourdes Health Network includes an acute care medical center, a behavioral health hospital providing both inpatient and outpatient programs, a network of over 17 primary care and specialty clinics, and numerous other outpatient services. Lourdes is known as a compassionate, innovative healthcare leader and is composed of nearly 750 associates along with over 200 physicians on Medical Staff.

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Buyer(S) 1

Buyer

Capella Healthcare

Franklin, Tennessee, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Capella Healthcare is a provider of healthcare services. Capella Healthcare is based in Franklin, Tennessee.


DEAL STATS #
Overall 7 of 7
Sector: Healthcare Services M&A 7 of 7
Type: Divestiture M&A Deals 4 of 4
State: Washington M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 St. Joseph Regional Medical Center

Lewiston, Idaho, United States

St. Joseph Regional Medical Center is the largest full-service medical center providing advanced-level specialty healthcare in the region. Our commitment to providing exceptional care for our community means having highly skilled and certified physicians on our healthcare team, and a quality facility with the latest in medical technology. St. Joseph offers more than 120 board-certified physicians and providers, active in primary care and specialty practice. Our medical group collective of 56 providers represents 19 specialties, from primary and family practice, to breast imaging, oncology and cardiology. At St. Joseph Regional Medical Center, we are committed to personal care, and strive to enhance the quality of life of the community we serve through the promotion of health, by assuring compassion, sharing knowledge, providing technology, and communicating a love for what we do.

Buy -

Seller(S) 1

SELLER

Ascension Health

St. Louis, Missouri, United States

Category Company
Founded 1996
Sector Medical Products
DESCRIPTION

Ascension Health is a provider of high quality, innovative products for the foot, hand and shoulder markets.Ascension develops and sells a full range of implants for the shoulder, elbow, wrist, hand, foot and ankle.


DEAL STATS #
Overall 3 of 4
Sector: Healthcare Services M&A 3 of 3
Type: Divestiture M&A Deals 2 of 3
State: Washington M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-30 St. Joseph Regional Medical Center

Lewiston, Idaho, United States

St. Joseph Regional Medical Center is the largest full-service medical center providing advanced-level specialty healthcare in the region. Our commitment to providing exceptional care for our community means having highly skilled and certified physicians on our healthcare team, and a quality facility with the latest in medical technology. St. Joseph offers more than 120 board-certified physicians and providers, active in primary care and specialty practice. Our medical group collective of 56 providers represents 19 specialties, from primary and family practice, to breast imaging, oncology and cardiology. At St. Joseph Regional Medical Center, we are committed to personal care, and strive to enhance the quality of life of the community we serve through the promotion of health, by assuring compassion, sharing knowledge, providing technology, and communicating a love for what we do.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-12 TRIMEDX

Indianapolis, Indiana, United States

TRIMEDX is a provider-driven, clinical asset management organization in the US. The company utilizes its proprietary and highly integrated technology and commercial infrastructure to provide a differentiated, value-added clinical engineering solution to healthcare providers, enabling them to optimize the total cost of ownership for their large fleets of medical equipment and devices. TRIMEDX was founded in 1998 and is based in Indianapolis, Indiana.

Sell -