Piedmont to buy 4 Georgia hospitals from HCA in $950M deal
May 3, 2021
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ATLANTA (AP) One of Georgia s largest hospital systems is seeking to get getting bigger, buying two hospitals in Macon, one in Cartersville and one in Snellville for $950 million.
Piedmont Healthcare announced the purchase Monday from HCA Healthcare. The move would give Piedmont 15 acute care hospitals statewide, as it jockeys with other major Atlanta-area health systems for size and market power.
If regulators approve, Piedmont would buy 310-bed Eastside Medical Center in Snellville, 310-bed Coliseum Medical Centers and 103-bed Coliseum Northside in Macon, and 119-bed Cartersville Medical Center. The deal also includes two inpatient psychiatric hospitals, one in Macon and one in Snellville.
Primary Content Credit: Georgia Health News
Speculation is swirling in Rome about the possible sale of Redmond Regional Medical Center, owned by HCA, to AdventHealth, a Florida-based health system.
Redmond CEO John Quinlivan declined to comment Wednesday about a potential deal.
The potential for a sale could be part of a larger strategy by HCA Healthcare, a Tennessee-based hospital chain. Talk among industry officials has centered on HCA selling other Georgia hospitals as well.
Dave Smith, a consultant with Kearny Street Management, said Wednesday that the COVID-19 pandemic may have forced “some repositioning of hospitals.’’
Atrium Health, a system based in Charlotte, N.C., has a pending deal to acquire another Rome hospital, Floyd Medical Center. That may have helped prompt HCA to rethink its Redmond operation, Smith said.
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Cartersville Medical Center was one of 24 Georgia hospitals that scored an A for safety in ratings released Thursday by a nonprofit health-care watchdog group. (Jim Massara / Patch)
CARTERSVILLE, GA Cartersville Medical Center was ranked among the safest hospitals in Georgia again by a nonprofit health-care watchdog group that released its findings Thursday.
The Cartersville hospital received an A grade in the spring 2021 Leapfrog Hospital Safety Grade, a national distinction recognizing how well it protected patients from errors, injuries, accidents, and infections. The past year has been extraordinarily difficult for hospitals, but Cartersville Medical Center shows us it is possible to keep a laser focus on patients and their safety, no matter what it takes, said Leah Binder, president and CEO of The Leapfrog Group.
Donald Mock Jr. passed away 2021-03-11 in Georgia. This is the full obituary story where you can express condolences and share memories. Services by Pivont Funeral Home.
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One room at a temporary hospital is viewed at the Georgia World Congress Center, Thursday, April 16, 2020, in Atlanta. Gov. Brian Kemp took part in a tour of the 200-bed facility, constructed quickly to deal with COVID-19 patients in the lower levels of the center which normally plays host to large conventions and sporting events. (AP Photo/Ron Harris, Pool)
Ron Harris
John Bailey, File