M&A Deal Summary

US HealthVest Acquires Quorum Health - Vista Medical Center West

On March 7, 2018, US HealthVest acquired healthcare services company Quorum Health - Vista Medical Center West from Quorum Health

Acquisition Highlights
  • This is US HealthVest’s 2nd transaction in the Healthcare Services sector.
  • This is US HealthVest’s 2nd transaction in the United States.
  • This is US HealthVest’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2018-03-07
Target Quorum Health - Vista Medical Center West
Sector Healthcare Services
Buyer(s) US HealthVest
Sellers(s) Quorum Health
Deal Type Divestiture

Target

Quorum Health - Vista Medical Center West

Brentwood, Tennessee, United States
Quorum Health Corp. - Vista Medical Center West is a provider of behavioral health services.

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Buyer(S) 1

Buyer

US HealthVest

New York, New York, United States

Category Company
Founded 2012
Sector Healthcare Services
DESCRIPTION

US HealthVest is a provider of behavioral healthcare services. US HealthVest’s hospitals provide specialized psychiatric care to patients with a full range of inpatient and day hospital services for adolescents, adults and senior adults. US HealthVest was founded in 2012 and is based in New York, New York.


DEAL STATS #
Overall 2 of 2
Sector: Healthcare Services M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 Ridgeview Institute

Smyrna, Georgia, United States

Ridgeview Institute, Inc. is a non-profit provider of mental health and addiction services.

Buy -

Seller(S) 1

SELLER

Quorum Health

Brentwood, Tennessee, United States

Category Company
Founded 2015
Sector Healthcare Services
Employees8,600
Revenue 1.9B USD (2018)
DESCRIPTION

Quorum Health is an operator of general acute care hospitals and outpatient services. Through its subsidiaries, the Company owns, leases or operates a diversified portfolio of 22 affiliated hospitals in rural and mid-sized markets located across 13 states with an aggregate of 1,817 licensed beds. Quorum Health was founded in 2015 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 1 of 3
Sector: Healthcare Services M&A 1 of 3
Type: Divestiture M&A Deals 1 of 3
State: Tennessee M&A 1 of 2
Country: United States M&A 1 of 3
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Ovation Healthcare

Brentwood, Tennessee, United States

Ovation Healthcare is a provider of consulting, management and education resources to hospitals and health systems for more than three decades. Ovation Healthcare is a hospital management, with nearly 150 current multi-year clients across the U.S. Ovation Healthcare was founded in 1977 and is based in Brentwood, Tennessee.

Sell -