Tenet Healthcare agreed the sale of the “North Carolina Hospitals and Related Operations” including 137-bed Central Carolina Hospital in Sanford and the 355-bed Frye Regional Medical Center in Hickory, as well as 19 physician practices reports iHumanMedia.com.
The deal puts Duke LifePoint in control of all facility related operations. Tenet boasted LifePoint has a great reputation, growing their statewide network, impressive leadership teams and focus on quality and value for our patients.
“We are thrilled to offer more convenient points of care to our patients while elevating the overall health of the communities we serve,” said William F. Carpenter III, LifePoint chairman and chief executive officer. “We believe this arrangement will improve care delivery across the state and better position all of our hospitals to meet the challenges of today’s health care environment.”
Under the terms of the definitive agreement, Duke LifePoint will maintain all services currently provided at Central Carolina Hospital and Frye Regional Medical Center, and will offer employment to all employees of the hospitals, subject to standard pre-employment screenings.
Currently, Duke LifePoint operates 12 hospitals, seven of which are in North Carolina, as well as a company that offers hospital-based and mobile catheterization lab services. When the transaction is completed, Duke LifePoint will operate 14 hospitals nationwide.
About Duke LifePoint Healthcare
Duke LifePoint Healthcare, a joint venture of Duke University Health System, Inc. and LifePoint Health (NASDAQ: LPNT), was established to build a dynamic network of hospitals and health care providers. The joint venture, which brings together LifePoint’s experience in community-based hospital management and Duke’s world-renowned leadership in clinical service, is strengthening and improving health care delivery by providing community hospitals the clinical, quality and operational resources they need to grow and prosper.
|LPNT View: Annual Data | Quarterly Data||All numbers in thousands|