Source: The Business Journals: Nashville

Capella Healthcare: LifePoint's $5.6B deal is all about lowering costs

In an industry with low margins, high labor costs and a shrinking commercial base, consolidation is king. That could be the motivation behind LifePoint Health's multibillion-dollar merger and buyout, according to some health care industry experts. Brentwood-based LifePoint (NASDAQ: LPNT) announced Monday that it has agreed to be sold to private-equity fund Apollo Global Management in a $5.6 billion transaction. As part of the deal, LifePoint will merge with fellow Brentwood-based company RCCH...

Read full article »
Est. Annual Revenue
$500M-1.0B
Est. Employees
1.0-5.0K
Daniel S. Slipkovich's photo - Founder & CEO of Capella Healthcare

Founder & CEO

Daniel S. Slipkovich

CEO Approval Rating

70/100

Read more