Piedmont to buy 4 Georgia hospitals from HCA in $950M deal
May 3, 2021
FacebookTwitterEmail
ATLANTA (AP) One of Georgia s largest hospital systems is seeking to get getting bigger, buying two hospitals in Macon, one in Cartersville and one in Snellville for $950 million.
Piedmont Healthcare announced the purchase Monday from HCA Healthcare. The move would give Piedmont 15 acute care hospitals statewide, as it jockeys with other major Atlanta-area health systems for size and market power.
If regulators approve, Piedmont would buy 310-bed Eastside Medical Center in Snellville, 310-bed Coliseum Medical Centers and 103-bed Coliseum Northside in Macon, and 119-bed Cartersville Medical Center. The deal also includes two inpatient psychiatric hospitals, one in Macon and one in Snellville.
Piedmont Healthcare to acquire Coliseum Hospitals
ATLANTA, Georgia (41NBC/WMGT) – Piedmont Healthcare signed a purchase agreement for four Georgia hospitals.
Piedmont will take over ownership of
Coliseum Medical Centers and
Coliseum Northside Hospital from HCA Healthcare. Additionally, Piedmont plans to acquire Eastside Medical Center in Snellville and Cartersville Medical Center in Cartersville.
Both Piedmont and HCA Healthcare are targeting July 31st as a closing date.
“This is an exciting opportunity for Piedmont,” said Kevin Brown, President, and CEO of Piedmont Healthcare.
Piedmont says it will become a partner in a joint venture for 12 urgent and family care clinics.
We reached out to Coliseum Health System about this story. Its Marketing Manager, Jennifer Jones, sent 41NBC the following statement on behalf of HCA Healthcare’s South Atlantic Division President, Hugh Tappan.
The deal is pending regulatory approval, and the target closing date on the deal is July 31. Author: 13WMAZ Staff Updated: 9:53 AM EDT May 3, 2021
MACON, Ga. Two hospitals in Macon will soon be under the ownership of Piedmont Healthcare.
According to a news release, Piedmont signed a purchase agreement with HCA Healthcare to acquire four hospitals in Georgia, two of which are in Macon – Coliseum Medical Centers and Coliseum Northside.
The deal is pending regulatory approval, and the target closing date on the deal is July 31.
“This is an exciting opportunity for Piedmont,” said Kevin Brown, president and CEO of Piedmont Healthcare. “HCA Healthcare has instilled a high standard of care into these facilities, and we are proud that they have trusted Piedmont to continue this legacy.
Reply
Atlanta-based Piedmont Healthcare announced Monday that it will buy Eastside Medical Center in Snellville, with the purchase set to close July 31. (Jim Massara / Patch)
GWINNETT COUNTY, GA Atlanta-based Piedmont Healthcare announced Monday that it will buy Eastside Medical Center in Snellville, with the purchase set to close July 31.
The Gwinnett County facility is one of four in Georgia that Piedmont will buy from HCA Healthcare. The other three are Cartersville Medical Center in Cartersville, and Coliseum Medical Centers and Coliseum Northside in Macon. This is an exciting opportunity for Piedmont, Kevin Brown, president and CEO of Piedmont Healthcare, said in a statement released Monday. HCA Healthcare has instilled a high standard of care into these facilities, and we are proud that they have trusted Piedmont to continue this legacy.
5 million Americans have skipped their 2nd COVID-19 vaccine dose 13wmaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 13wmaz.com Daily Mail and Mail on Sunday newspapers.