M&A Deal Summary

Sumner Regional Medical Center Acquires Smith County Memorial Hospital

On April 4, 2006, Sumner Regional Medical Center acquired healthcare services company Smith County Memorial Hospital from LifePoint Health

Acquisition Highlights
  • This is Sumner Regional Medical Center’s 1st transaction in the Healthcare Services sector.
  • This is Sumner Regional Medical Center’s 1st transaction in the United States.
  • This is Sumner Regional Medical Center’s 1st transaction in Kansas.

M&A Deal Summary

Date 2006-04-04
Target Smith County Memorial Hospital
Sector Healthcare Services
Buyer(s) Sumner Regional Medical Center
Sellers(s) LifePoint Health
Deal Type Divestiture

Target

Smith County Memorial Hospital

Smith Center, Kansas, United States
Smith County Memorial Hospital, LLC is a 63-bed hospital located in Carthage that offers healthcare services.

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Buyer(S) 1

Buyer

Sumner Regional Medical Center

Gallatin, Tennessee, United States

Category Company
Founded 1959
Sector Healthcare Services
Employees1,000
DESCRIPTION

Sumner Regional Medical Center (SRMC) has been providing quality health care to Gallatin, Hendersonville and the surrounding areas for more than 50 years. Sumner County Memorial Hospital, SRMC has grown from a facility.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Kansas) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1

Seller(S) 1

SELLER

LifePoint Health

Brentwood, Tennessee, United States

Category Company
Founded 1997
Sector Healthcare Services
Employees53,200
Revenue 5.2B USD (2015)
DESCRIPTION
Entrance to LifePoint's headquarters in Brentwood, Tennessee.
Entrance to LifePoint's headquarters in Brentwood, Tennessee.

LifePoint Health includes a footprint of regional health systems, physician practices, outpatient centers, and post-acute facilities in more than 85 non-urban communities that span coast to coast. LifePoint was established in 1997 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 3 of 5
Sector (Healthcare Services) 3 of 5
Type (Divestiture) 3 of 5
State (Kansas) 1 of 1
Country (United States) 3 of 5
Year (2006) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-05 Ashland Regional Medical Center

Ashland, Pennsylvania, United States

Ashland Regional Medical Center is a 123-bed hospital in Ashland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-01 The Medical Center of Southern Indiana

Charlestown,, Indiana, United States

The Medical Center of Southern Indiana is a 96-bed hospital that include inpatient hospital care, 24-hour emergency services.

Sell -