M&A Deal Summary

Thomas Memorial Hospital Acquires Charleston Hospital

On January 3, 2007, Thomas Memorial Hospital acquired healthcare services company Charleston Hospital from LifePoint Health

Acquisition Highlights
  • This is Thomas Memorial Hospital’s 1st transaction in the Healthcare Services sector.
  • This is Thomas Memorial Hospital’s 1st transaction in the United States.
  • This is Thomas Memorial Hospital’s 1st transaction in West Virginia.

M&A Deal Summary

Date 2007-01-03
Target Charleston Hospital
Sector Healthcare Services
Buyer(s) Thomas Memorial Hospital
Sellers(s) LifePoint Health
Deal Type Divestiture

Target

Charleston Hospital

Charleston, West Virginia, United States
Saint Francis Hospital is a 155-bed Hospital in Charleston.provides healthcare services in Charleston and surrounding communities. It offers cardiac, cardiopulmonary, diabetes care, emergency.

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Buyer(S) 1

Buyer

Thomas Memorial Hospital

South Charleston, West Virginia, United States

Category Company
Founded 1946
Sector Healthcare Services
DESCRIPTION

Thomas Memorial Hospital is a 260-bed, not for profit healthcare resource. Thomas Memorial Hospital offer supportive, compassionate care, advanced technology and services, and something truly special - the dedication of our employees, physicians and volunteers, who are the true heart and spirit of our hospital.


DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (West Virginia) 1 of 1
Country (United States) 1 of 1
Year (2007) 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 5 of 5
Sector (Healthcare Services) 5 of 5
Type (Divestiture) 5 of 5
State (West Virginia) 1 of 1
Country (United States) 5 of 5
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-30 Clinch Valley Medical Center

Richlands, Virginia, United States

Clinch Valley Medical Center, Inc.is a 175 bed acute care hospital, which offers comprehensive cancer services; specialty care for the heart, lungs and vascular system; emergency services; inpatient and outpatient physical rehabilitation; sleep studies; skilled nursing; pediatrics; obstetrics and advanced diagnostics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-02 Rockdale Medical Center

Conyers, Georgia, United States

Rockdale Medical Center is part of LifePoint Hospitals®, a leading hospital company focused on providing quality healthcare services close to home.

Buy $80M