Fourth Quarter Finishes with a Flourish

Jan 08, 2016 at 12:38 pm by Staff


The fourth quarter of 2015 was a busy one for a number of local healthcare companies with a national footprint.

AmSurg’s Physician Services Division, Sheridan, acquired Valley Anesthesiology & Pain Consultants in Phoenix. Valley is one of the country’s largest independent anesthesiology practices and has more than 240 physicians providing services to 21 hospitals and 25 ambulatory surgery centers. In December, the division also acquired Northside Anesthesiology Consultants in Atlanta.

Capella Healthcare completed the transition to make KershawHealth officially part of the Capella-MUSC Health Network in South Carolina.

Community Health Systems, which previously announced the plan to spin off Quorum Health Corporation, unveiled the executive team over the fall. Thomas Miller will serve as CEO, Michael Culotta as CFO, and Martin Smith as executive vice president of Operations. During the fourth quarter, CHS also announced the divestiture of the 72-bed Barstow Regional Medical Center in Florida and the 126-bed Memorial Hospital of Salem County in New Jersey. In other news, H. James Williams, PhD, the former president of Fisk University joined the CHS board for a one-year term, and 118 CHS-affiliated hospitals got the nod from The Joint Commission as “Top Performers on Key Quality Measures®.”

HCA acquired 14 urgent care centers in Las Vegas with the purchase of Urgent Care Extra’s Nevada operations. The company also announced Jonathan B. Perlin, MD, president of clinical services and chief medical officer, was honored with election into membership in the National Academy of Medicine (formerly the Institute of Medicine). Additionally, The Joint Commission recognized 106 of HCA’s licensed hospitals, 78 percent of the company’s U.S. hospitals, as “Top Performers on Key Quality Measures®.”

LifePoint Health agreed to acquire the struggling 376-bed St. Francis Hospital in Columbus, Ga. Duke LifePoint and Tenet Healthcare reached an agreement for the sale of Tenet’s North Carolina hospitals and affiliated operations. Additionally, 18 LifePoint facilities were recognized by The Joint Commission as “Top Performers on Key Quality Measures®.”

RegionalCare Hospital Partners, led by chairman and CEO Marty Rash, signed a definitive agreement in November to be acquired by Apollo Global Management. Day-to-day operations, however, were not anticipated to change for the eight-hospital system.

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