Home
Beckers ASC Review: Business and Legal Issues - Hot Topics
RSS icon
Hospital Review: Business and Legal Issues - Hot Topics
RSS icon
In the News: HCA and LifePoint Hospitals Express Interest in New Acquisitions Print E-mail
Written by Staff   
Thursday, 29 May 2008

During recent earnings conference calls, HCA and LifePoint Hospitals have expressed an interest in pursuing new acquisitions, a deviation from recent trends which saw chains absorbing past acquisitions and selling off locations, according to Tennessean.com.

Experts see opportunities for big hospital chains to potentially acquire smaller organizations that are struggling to refinance debt due to the ongoing credit crunch.

"If you've got the financing, there's plenty of good transactions to get done," said Dan Slipkovich, chief executive of Capella Healthcare, according to the Tennessean.com. Capella closed a deal earlier this year that added nine hospitals to its portfolio.

During HCA’s conference call, Jack Bovender Jr., the company’s CEO, said the company would be interested in possible acquisitions in high-growth markets. LifePoint’s CEO also indicated that opportunities are presenting themselves, and the company intends to pursue deals while remaining disciplined.

Read more about big hospital chains considering new acquisitions from Tennessean.com

 
Contact - (800) 417-2035
Sign Up for Becker's ASC Review E-Weekly
Employment Oppertunities
Most Popular Articles
RSS icon
Upcoming Conferences
Audio Clips of Recent Conferences
Subscribe Today

© Copyright 2008 Becker's ASC Review

mDigital Design - Magazine Webdesign Solutions