Piedmont acquires Eastside in Snellville, three other HCA hospitals covnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from covnews.com Daily Mail and Mail on Sunday newspapers.
Cost-effective and efficient care : Piedmont Healthcare purchasing Coliseum Medical Centers, Coliseum Northside
Piedmont Healthcare announced on Monday they signed a purchase agreement with HCA Healthcare to acquire four hospital in Georgia, including two in Macon. Author: Katelyn Sabater (13WMAZ) Updated: 7:56 PM EDT May 3, 2021
MACON, Ga. A big change is coming to Central Georgia s health care. Coliseum Health System has a new owner, and they re a nonprofit.
Piedmont Healthcare announced Monday morning they had signed a purchase agreement with HCA Healthcare to buy four of their hospitals in Georgia. This includes Macon s Coliseum Medical Center and Coliseum Northside.
They’re based in Atlanta and currently owns 11 hospitals, 35 urgent care centers, and 25 quick care clinics.
Dive Brief:
HCA Healthcare is selling four smaller hospitals in Georgia to Piedmont Healthcare for $950 million. The transaction will increase Piedmont s hospitals by more than a third to 15 facilities, making it a powerhouse provider in the Atlanta region.
The sale appears to dovetail with HCA s strategy to focus more on outpatient and home-based procedures and healthcare services. The company suggested it would use the proceeds from the sale to focus on such initiatives.
The sale reduces HCA s holdings in Georgia to five hospitals, including the recently acquired Meadows Regional Hospital in Vidalia. However, it is a drop in the bucket for HCA, which currently operates more than 170 hospitals in the United States.
HCA Healthcare to Sell Four of Its Hospitals in Georgia to Piedmont Healthcare streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.