Associated tags: Rehabilitation, Health, Patient, LifePoint Health, Hospitals, General Health, Hospital, Managed Care, Practice Management
Locations: ARIZONA, ARKANSAS, TEXAS, MASSACHUSETTS, HOLYOKE, UTAH, NEW MEXICO, COLORADO, IOWA, OREGON, WESTERN DIVISION, KANSAS, MONTANA, NEVADA, WASHINGTON, UNITED STATES, NORTH AMERICA, TENNESSEE, RIVERVIEW, HIGHPOINT, TROUSDALE
As previously announced, on May 8, 2024, the Company also launched a new incremental senior secured term loan facility (the “Incremental Term Loan Facility”).
Key Points:
- As previously announced, on May 8, 2024, the Company also launched a new incremental senior secured term loan facility (the “Incremental Term Loan Facility”).
- The aggregate principal amount of the Notes expected to be issued in the offering was decreased from the previously announced $900 million to $800 million, and the Incremental Term Loan Facility was increased from the previously announced $400 million to $500 million.
- The proposed offering of Notes is not conditioned upon the consummation of the Incremental Term Loan Facility.
- Neither this press release nor anything contained herein shall constitute a notice of redemption with respect to the 2026 Notes.
On May 8, 2024, the Company also launched a new incremental $400 million senior secured term loan facility (the “Incremental Term Loan Facility”).
Key Points:
- On May 8, 2024, the Company also launched a new incremental $400 million senior secured term loan facility (the “Incremental Term Loan Facility”).
- The Notes offering and Incremental Term Loan Facility are subject to market conditions and other factors.
- The proposed offering of Notes is not conditioned upon the consummation of the Incremental Term Loan Facility.
- The Notes will initially be fully and unconditionally guaranteed by all of the Company’s subsidiaries that guarantee its term loan facility (including the Incremental Term Loan Facility) and the Company’s other senior secured notes and senior unsecured notes.
Practice Management,
Physical Therapy,
Managed Care,
General Health,
Health,
Hospitals,
Fitness & Nutrition,
Other Health,
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Brain,
Rehabilitation,
Trauma,
Stroke,
Patient,
Acquisition,
LifePoint Health,
Tetraplegia,
Hospital Lifepoint Rehabilitation, a business unit of Lifepoint Health®, today announced that it has acquired an inpatient rehabilitation facility in San Antonio, Texas from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company.
Key Points:
- Lifepoint Rehabilitation, a business unit of Lifepoint Health®, today announced that it has acquired an inpatient rehabilitation facility in San Antonio, Texas from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company.
- “We are so pleased to welcome the San Antonio team to Lifepoint,” said Russ Bailey, president of Lifepoint Rehabilitation.
- “We are pleased to complete this transaction with Lifepoint Rehabilitation,” said Jay Quintana, chief executive officer of Everest Rehabilitation Hospitals.
- “We know that Lifepoint shares our patient-centered vision for rehabilitation care and that their attention to continued investment in people and technology will promote excellent outcomes for patients in and beyond San Antonio.”
This transaction is the third between Lifepoint Health and Everest Rehabilitation Hospitals, following Lifepoint’s February 2023 acquisition of four inpatient rehabilitation facilities located in Longview, Texas; Temple, Texas; Rogers, Arkansas; and Cincinnati, Ohio and Lifepoint’s August 2023 acquisition of an inpatient rehabilitation facility in El Paso, Texas from Everest Rehabilitation Hospitals.
Lifepoint Health and Ascension Saint Thomas have formed a joint venture to expand access to high quality care and services in Northern Middle Tennessee.
Key Points:
- Lifepoint Health and Ascension Saint Thomas have formed a joint venture to expand access to high quality care and services in Northern Middle Tennessee.
- By working together, we can do even more to advance the health and well-being of our friends and neighbors here.”
This new collaboration is the second joint venture partnership for the two health systems, as Lifepoint Health and Ascension Saint Thomas also jointly own Ascension Saint Thomas Rehabilitation Hospital in Nashville.
- “Lifepoint is a strong and trusted partner, and we share a commitment of making communities healthier,” said Fahad Tahir, president and chief executive officer, Ascension Saint Thomas.
- Moving forward, the Highpoint hospitals will adopt the names of Highpoint Health – Sumner, Highpoint Health – Trousdale, and Highpoint Health – Riverview.
Retrieved on:
Thursday, November 9, 2023
General Health,
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Carnegie Mellon University,
CFO,
Frazier Healthcare Partners,
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Coggins,
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LifePoint Health Lifepoint Health®, a diversified healthcare delivery network dedicated to its mission of making communities healthier®, today announced that it has appointed Aaron Lewis to the role of executive vice president and chief financial officer (CFO).
Key Points:
- Lifepoint Health®, a diversified healthcare delivery network dedicated to its mission of making communities healthier®, today announced that it has appointed Aaron Lewis to the role of executive vice president and chief financial officer (CFO).
- View the full release here: https://www.businesswire.com/news/home/20231109996607/en/
“We are grateful to Mike for his 15 years of service and dedication to Lifepoint.
- He has been a trusted and steady steward of our finance team and has seen our company through unprecedented growth and change,” said David Dill, chairman and chief executive officer of Lifepoint Health.
- Prior to joining the Lifepoint leadership team in 2018, Lewis was senior vice president of strategic growth at RCCH.
Retrieved on:
Friday, September 29, 2023
General Health,
Hospitals,
Health,
Note,
Senior,
SEC Rule 144A,
Person,
Sale,
ABL,
Surety,
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Security (finance) The offering size was increased from the previously announced offering size of $1.0 billion aggregate principal amount of the Notes.
Key Points:
- The offering size was increased from the previously announced offering size of $1.0 billion aggregate principal amount of the Notes.
- The closing of the offering is expected to occur on October 10, 2023, and is subject to market conditions and other factors.
- The Company intends to use the net proceeds from the offering, together with proceeds from a new $1.85 billion senior secured term loan credit facility (the “New Term Loan Facility”) and cash on hand, to repay borrowings outstanding under its existing senior secured term loan facility and to pay related fees and expenses.
- The Notes will initially be fully and unconditionally guaranteed by all of the Company’s subsidiaries that guarantee (collectively, the “Guarantors”) the New Term Loan Facility and the Company’s other senior secured notes and senior unsecured notes.
Retrieved on:
Friday, September 29, 2023
General Health,
Hospitals,
Health,
Note,
SEC Rule 144A,
Person,
Sale,
ABL,
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Security (finance) Lifepoint Health, Inc. (the “Company”) today announced that it is proposing to issue $1.0 billion aggregate principal amount of senior secured notes due 2030 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
Key Points:
- Lifepoint Health, Inc. (the “Company”) today announced that it is proposing to issue $1.0 billion aggregate principal amount of senior secured notes due 2030 (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
- The offering is subject to market conditions and other factors.
- The Company intends to use the net proceeds from the offering, together with proceeds from a new senior secured term loan credit facility (the “New Term Loan Facility”) and cash on hand, to repay borrowings outstanding under its existing senior secured term loan facility and to pay related fees and expenses.
- The Notes will initially be fully and unconditionally guaranteed by all of the Company’s subsidiaries that guarantee (collectively, the “Guarantors”) the New Term Loan Facility and the Company’s other senior secured notes and senior unsecured notes.
Retrieved on:
Tuesday, September 26, 2023
Health,
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Physical Therapy,
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LifePoint Health,
National Online Insurance School,
Medicare,
Hospital,
Physician,
Accreditation,
Model,
IRF This week, Lifepoint Rehabilitation , a business unit of Lifepoint Health , recognized 19 of its freestanding inpatient rehabilitation facilities and 16 of its contracted acute rehabilitation units awarded by Newsweek in this year’s list of America’s Best Physical Rehabilitation Centers.
Key Points:
- This week, Lifepoint Rehabilitation , a business unit of Lifepoint Health , recognized 19 of its freestanding inpatient rehabilitation facilities and 16 of its contracted acute rehabilitation units awarded by Newsweek in this year’s list of America’s Best Physical Rehabilitation Centers.
- The America’s Best Physical Rehabilitation Centers 2023 list highlights top physical rehabilitation centers from all US states.
- “Lifepoint Rehabilitation is proud to see so many of our freestanding inpatient rehabilitation facilities and acute rehabilitation units recognized on Newsweek’s list of America’s Best Physical Rehabilitation Centers 2023,” said Russ Bailey, president of Lifepoint Rehabilitation.
- These facilities include Baptist Memorial Rehabilitation Hospital in Tennessee, CHI Franciscan Rehabilitation Hospital in Washington, Community Health Rehabilitation Hospital North in Indiana, Lancaster Rehabilitation Hospital in Pennsylvania and Mercy Rehabilitation Hospital St. Louis in Missouri.
Retrieved on:
Wednesday, September 20, 2023
Hospitals,
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Intermountain Health,
University of Colorado Hospital,
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Alderfer,
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St. Vincent's HealthCare,
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LifePoint Health Lifepoint Health® , a diversified healthcare delivery network dedicated to making communities healthier®, has named Jennifer Alderfer, MBA, MHA, FACHE, its Western Division president, effective October 30.
Key Points:
- Lifepoint Health® , a diversified healthcare delivery network dedicated to making communities healthier®, has named Jennifer Alderfer, MBA, MHA, FACHE, its Western Division president, effective October 30.
- View the full release here: https://www.businesswire.com/news/home/20230920451999/en/
Jennifer Alderfer, MBA, MHA, FACHE, is joining Lifepoint Health as its Western Division president, effective October 30.
- (Photo: Business Wire)
“Jen is a great addition to Lifepoint’s Western Division,” said Jason Zachariah, executive vice president and chief operating officer of Lifepoint Health.
- She will soon relocate to Denver, Colorado, which will be a convenient hub for supporting Lifepoint’s Western Division facilities.
Hospitals,
Health,
Mental Health,
Baystate Health,
Partnership,
LifePoint Health,
Baystate,
Patient,
Noble,
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MD Baystate Health and Lifepoint Health today celebrated the opening of Valley Springs Behavioral Health Hospital with a commemorative ribbon cutting ceremony.
Key Points:
- Baystate Health and Lifepoint Health today celebrated the opening of Valley Springs Behavioral Health Hospital with a commemorative ribbon cutting ceremony.
- Valley Springs Behavioral Health Hospital will allow us to provide top quality care for more patients right here in western Massachusetts.”
Valley Springs Behavioral Health Hospital is the result of a joint venture partnership between Baystate Health and Lifepoint Health, announced early in 2022.
- It is the 23rd behavioral health hospital operated by Lifepoint Behavioral Health and the first behavioral health hospital built and operated by the company as part of a joint venture relationship.
- “In opening our doors, we are significantly expanding access to vitally needed behavioral health care services to patients across western Massachusetts, and I know that Valley Springs Behavioral Health Hospital will enhance our region in innumerable ways.”
Valley Springs Behavioral Health Hospital is located at 45 Lower Westfield Road, Holyoke, Massachusetts.
