M&A Deal Summary

Cornerstone Healthcare Group Holding Acquires HCA - Long-term Acute Care Hospital

On November 12, 2019, Cornerstone Healthcare Group Holding acquired healthcare services company HCA - Long-term Acute Care Hospital from HCA Healthcare

Acquisition Highlights
  • This is Cornerstone Healthcare Group Holding’s 3rd transaction in the Healthcare Services sector.
  • This is Cornerstone Healthcare Group Holding’s 3rd transaction in the United States.
  • This is Cornerstone Healthcare Group Holding’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-11-12
Target HCA - Long-term Acute Care Hospital
Sector Healthcare Services
Buyer(s) Cornerstone Healthcare Group Holding
Sellers(s) HCA Healthcare
Deal Type Divestiture

Target

HCA - Long-term Acute Care Hospital

Houston, Texas, United States
HCA's Long-term Acute Care Hospital is a provider of healthcare services.

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Buyer(S) 1

Buyer

Cornerstone Healthcare Group Holding

Dallas, Texas, United States

Category Company
Sector Healthcare Services
DESCRIPTION

Cornerstone Healthcare Group Holding, Inc. is an operator of senior housing and other post-acute facilities. Cornerstone's senior living division focuses on providing seniors with a high-quality continuum of care.


DEAL STATS #
Overall 3 of 3
Sector: Healthcare Services M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-15 Southland Home Health

Phoenix, Arizona, United States

Southland Home Health is a home health company based in Phoenix, Arizona. Southland specializes in post-acute care services, including skilled home health, palliative care, and hospice care.

Buy -

Seller(S) 1

SELLER

HCA Healthcare

Nashville, Tennessee, United States

Category Company
Founded 1968
Sector Healthcare Services
Employees226,000
Revenue 70.6B USD (2024)
DESCRIPTION

HCA Healthcare is a national healthcare service provider. HCA operates general and acute care hospitals with a full range of services to accommodate such medical specialties as internal medicine, general surgery, cardiology, oncology, neurosurgery, orthopedics and obstetrics, as well as diagnostic and emergency services. Outpatient and ancillary health care services are provided by general, acute care hospitals, freestanding surgery centers, diagnostic centers, and rehabilitation facilities. HCA's psychiatric hospitals provide a full range of mental health care services through inpatient, partial hospitalization and outpatient settings. HCA Healthcare was formed in 1968 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 6 of 7
Sector: Healthcare Services M&A 6 of 7
Type: Divestiture M&A Deals 4 of 5
State: Texas M&A 2 of 2
Country: United States M&A 6 of 7
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 Fresenius Medical Care AG & Co. KGaA - 24 MedSpring Urgent Care Centers

Bad Homburg, Germany

Fresenius Medical Care AG & Co. KGaA - 24 MedSpring Urgent Care Centers located in Austin, Dallas and Houston provides healthcare services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-10 Valify

Frisco, Texas, United States

Valify, Inc. is a provider of a web-based platform that allows healthcare organizations to quickly identify, benchmark and track savings in hospital purchased services. Valify is based in Frisco, Texas.

Buy -