M&A Deal Summary

HCA Healthcare Acquires Brookdale Health Care Services

On February 24, 2021, HCA Healthcare acquired healthcare services company Brookdale Health Care Services from Brookdale Senior Living for 500M USD

Acquisition Highlights
  • This is HCA Healthcare’s 8th transaction in the Healthcare Services sector.
  • This is HCA Healthcare’s 2nd largest (disclosed) transaction.
  • This is HCA Healthcare’s 13th transaction in the United States.
  • This is HCA Healthcare’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2021-02-24
Target Brookdale Health Care Services
Sector Healthcare Services
Buyer(s) HCA Healthcare
Sellers(s) Brookdale Senior Living
Deal Type Divestiture
Deal Value 500M USD

Target

Brookdale Health Care Services

Brentwood, Tennessee, United States
Brookdale Health Care Services with 98% of its home health agencies earning a 4 or better Quality Star Rating from Centers for Medicare and Medicaid Services in December 2020, is focused on delivering essential home health, hospice, and outpatient therapy services to seniors, both those residing in Brookdale's communities and patients in their own homes. BHS operates 57 home health agencies and 22 hospice agencies across 26 states, along with 84 outpatient therapy locations.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

HCA Healthcare

Nashville, Tennessee, United States

Category Company
Founded 1968
Sector Healthcare Services
Employees220,000
Revenue 65.0B USD (2023)
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 14 of 16
Sector (Healthcare Services) 8 of 10
Type (Divestiture) 6 of 7
State (Tennessee) 1 of 1
Country (United States) 13 of 15
Year (2021) 1 of 2
Size (of disclosed) 2 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-13 Redmond Regional Medical Center

Rome, Georgia, United States

Redmond Regional Medical Center is a 230-bed facility, serving as a regional referral source for all of northwest Georgia and parts of Alabama. Redmond offers a full array of inpatient and outpatient programs, many of which are unique to the northwest Georgia region. Redmond Regional Medical Center was founded in 1972 and is based in Rome, Georgia.

Sell $635M

Seller(S) 1

SELLER

Brookdale Senior Living

Brentwood, Tennessee, United States

Category Company
Founded 2005
Sector Consumer Services
Employees25,200
Revenue 3.0B USD (2023)
DESCRIPTION
Entrance to Brookdale's corporate headquarters in Brentwood, Tennessee.
Entrance to Brookdale's corporate headquarters in Brentwood, Tennessee.

Brookdale Senior Living is an operator of senior living communities. The Company also provides outpatient therapy, home health, personalized living and hospice services. Brookdale Senior Living was founded in 2005 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 2 of 2
State (Tennessee) 2 of 2
Country (United States) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 Brookdale Senior Living - Brookdale Battery Park

Brentwood, Tennessee, United States

Brookdale Senior Living, Inc. - Brookdale Battery Park is an independent living community in Brentwood, Tennessee.

Sell $194M