LifePoint Health

LifePoint Health is an American company that provides healthcare services in growing regions, rural communities and small towns. It was established in 1999 and is headquartered in Brentwood, Tennessee. As of November 16, 2018, it operated 89 hospital campuses in 30 states with more than $6 billion in revenues.[2] In 2011, the company was included in the Hospital Engagement Network by the Department of Health and Human Services, being the only private organization in the country.[3]

LifePoint Health
TypePrivate
IndustryHealth - Hospitals
Founded1999
Headquarters
Brentwood, Tennessee
,
United States
Key people
David M. Dill (president and chief executive officer)

John P. Bumpus (executive vice president, administration
Michael S. Coggin (executive vice president, chief financial officer)
Victor E. Giovanetti, FACHE (executive vice president, hospital operations)
Rob Jay (executive vice president, integrated operations)

Jennifer Peters (executive vice president and general counsel)
ServicesHealthcare services close to home
Revenue$ 8.8B
Number of employees
60,000[1] (2018)
Websitewww.lifepointhealth.net

History

In February 2014, LifePoint Health opened its new hospital support center in Brentwood.[4]

In December 2013, Portage Health and LifePoint Health reached a joint venture agreement to share ownership and operation of Portage Health, with about $40 million to fund a charitable foundation.[5]

In June 2013, LifePoint Health completed the acquisition of the Bell Hospital.[6]

LifePoint's Chief Medical Officer, Dr. Lanny Copeland, won the 50 Most Influential Physician Executives by Modern Healthcare and Modern Physician magazines in the year of 2009, 2010 and 2011.[7]

In May 2011, DLP Healthcare, LLC, a joint venture of Duke University Health System and LifePoint Hospitals completed the acquisition of MedCath Partners, LLC.[8]

In January 2011, the Company formed a joint venture with Duke University Health System (Duke).[9] In 2005, Historic LifePoint Hospitals, Inc. merged with Province Healthcare Company to form the new public company, LifePoint Hospitals, Inc.[10]

In 2015, LifePoint Hospitals Inc. changed its name to LifePoint Health.[11]

In 2018, the company was acquired by a company owned by funds managed by Apollo Management;[12] this included a merger with RCCH Healthcare Partners,[13] which had formed from a merger a few years prior between Capella Health and RegionalCare Hospital Partners.[14]

Products and services

All the physicians in the company's hospitals are licensed physicians. The services provided by the company's hospitals include inpatient services, like general surgery, emergency room care, radiology, oncology, and pediatric services; and also outpatient services, like same-day surgery, X-ray and respiratory therapy.[9]

Awards

In November 2013, fifteen LifePoint Health hospitals were considered Top Performers in Key Quality Measures by The Joint Commission. Eleven of LifePoint's hospitals were Top Performers in 2012.[15] On the list of "100 Best Places to Work in Healthcare" by Modern Healthcare, Jackson Purchase Medical Center was ranked 55th in 2010 and 70th in 2009 [16]

References
  1. "LifePoint Health". Fortune. Retrieved 2018-12-20.
  2. "About LifePoint".
  3. "Quality & Service". Archived from the original on 2014-03-03. Retrieved 2014-03-03.
  4. "LifePoint Opens Hospital Support Center". Archived from the original on 2014-03-03.
  5. "Portage Health and LifePoint Hospitals form joint venture". Archived from the original on 2014-02-12.
  6. "Bell Hospital Signs Definitive Agreement to be Acquired by LifePoint Hospitals".
  7. "Dr. Lanny Copeland Named to National Physician List". Archived from the original on 2014-03-03. Retrieved 2014-03-03.
  8. "DLP Healthcare Acquires Cardiac Cath Operations".
  9. "Company Full Description".
  10. "LifePoint Hospitals, Inc. Completes Acquisition of Province Healthcare".
  11. "Why This Nashville Company Is Changing Its Name".
  12. Yahoo! Finance
  13. "LifePoint Health and RCCH HealthCare Partners Announce Completion of Merger". lifepointhealth.net. Retrieved 2019-06-15.
  14. "RegionalCare Hospital Partners and Capella Healthcare announce merger plans". Healthcare Finance News. Retrieved 2019-06-15.
  15. "Fifteen LifePoint Hospitals Named Top Performers by the Joint Commission". Archived from the original on 2014-03-03. Retrieved 2014-03-03.
  16. "Modern Healthcare's 2010 Best Places to Work in Healthcare (Alphabetical List)".
    • Historical business data for LifePoint Health, Inc.:
    • SEC filings
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