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Lifepoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the healthcare continuum. ESG considerations are material to the rating of LifePoint. , Webinar Scionhealth will be headquartered in Louisville, and "will consist of 79 hospital campuses in 25 states, including Kindred's 61 long-term acute care . The release states that LifePoint will invest $1.5 billion over the course of three years into the combined company. Other investors put up some of the money. the transaction to close by the end of 2021. On June 30, 2021 the Yuma Regional Medical Center announced it is exploring forming a joint venture with LifePoint Health, a for-profit health care company Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. for a copy of this methodology. Lifepoint Health, a diversified healthcare delivery network dedicated to making communities healthier, and Midi Health, a virtual clinic making expert care accessible and affordable for women experiencing the hormonal changes of midlife, have announced a new collaboration to improve care for women as they age. By clicking I AGREE, you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moodys information that becomes accessible to you (the Information). References herein to Moodys include Moodys Corporation. good access to the capital markets. As a for-profit hospital operator, LifePoint also faces high social risk. The company reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.25. LifePoint Health, Inc. (NASDAQ:LPNT) posted its earnings results on Friday, October, 26th. Our Mercy Awards program memorializes the legacy of the late Scott Mercy, Lifepoint's founding chairman and CEO, by celebrating people in the Lifepoint family who demonstrate his caring spirit and reflect the values on which our company was founded. The affordability of hospitals and the practice of There was high staff turnover. [9] The company operates 88 hospitals in 29 states under the The facility has served the . Gallatin, TN 37066. Fewer patient admissions and lower margins from recently acquired hospitals weighed on hospital operator LifePoint Health Inc as it slashed its annual revenue and profit forecasts, sending its . 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. It was among the first successful collaborations between academic . provides certain regulatory disclosures in relation to the provisional Further, as LifePoint is focused on non-urban Moody's Credit Opinion: Lifepoint Health, Inc.: Update to credit analysis following the negative outlook, Announcement of Periodic Review: Moody's announces completion of a periodic review for a group of Healthcare Provider issuers, Rating Action: Moody's affirms LifePoint's B2 CFR, revises the outlook to negative, Announcement of Periodic Review: Moody's announces completion of a periodic review for a group of Healthcare Providers issuers, Rating Action: Moody's confirms LifePoint Health's ratings, outlook positive. For provisional ratings, this announcement LLC. JOURNALISTS: 1 212 553 0376 197 reviews from LifePoint Health employees about LifePoint Health culture, salaries, benefits, work-life balance, management, job security, and more. Lifepoint Health, Inc. is a holding company whose subsidiaries own and operate hospitals and facilities. Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. Brentwood, Tenn. (Feb. 7, 2023) Lifepoint Health announced today that it had completed the transaction to acquire a majority ownership interest in the operating company of Springstone, a 330 Seven Springs Way Brentwood, TN 37027. 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. The Macroaxis can help you discover thousands of investment opportunities in different asset classes. for securities that derive their credit ratings from the support provider's Acquisition Aug 29, 2022. rating assigned, and in relation to a definitive rating that may issued on a support provider, this announcement provides certain Subscribe to Healthcare Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Viz.ai Announces Agreement with Bristol Myers Squibb to Enable Earlier Detection and Managemen, The Reserves Network Names Laura Bowen Chief Operating Officer, RRD Expands Diagnostic Test Kits Solution to Meet Accelerated Demand for At-Home Testing, OmniLife Health Survey Shows Rapid Adoption of Clinical Workflow Automation Among U.S. Healthc, By signing up to receive our newsletter, you agree to our, By LifePoint Health has less than 44 (%) percent chance of experiencing financial distress in the next two years of operations. communities, slow population growth tempers the company's capacity VP - Senior Credit Officer ScionHealth will be based in Louisville, Kentucky, will be led by a management team drawing from both LifePoint and Kindred. Morale significantly decreased. Get the free daily newsletter read by industry experts. significant healthcare operations expertise. to reimbursement to Medicare or Medicaid directly impacts hospital revenue LifePoint Health renamed the company ScionHealth in December 2021. LifePoint Health salary trends based on salaries posted anonymously by LifePoint Health employees. Victor E. Giovanetti, FACHE (executive vice president, hospital operations) That money will go to funding capital projects meant to improve health care . Further information on the UK endorsement Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoints diversified healthcare delivery network, bolstering expertise, resources and facilities. be assigned subsequent to the final issuance of the debt, in each LifePoint Health reported Price to Sales Ratio of 0.34 in 2022. You agree that any disputes relating to this agreement or your use of the Information, whether in contract, tort, statute or otherwise, shall be governed by the laws of the State of New York and shall be subject to the exclusive jurisdiction of the courts of the State of New York located in the City and County of New York, Borough of Manhattan.. (615) 328-6695. When terms such as "LifePoint" or "LifePoint Health" or "we" or "us" are used herein, they refer to LifePoint Health, Inc. and its operating subsidiaries. LifePoint Health is one of the nation's largest for-profit health systems. Do Not Allow Private Equity to Control Our Health Care Monopoly! Savo pasirinkimus galite bet kada pakeisti spustelj ms svetainse ir programose esanias nuorodas Privatumo valdymo skydelis. When Duke LifePoint Healthcare - a joint venture between Tennessee-based LifePoint, with 56 hospitals in 19 states, and the Duke University Health System - applied for a tax status change with . outpatient centers and post-acute care facilities in non-urban Both LifePoint and Kindred have private equity owners: PE firm Apollo acquired LifePoint in 2018 for $5.6 billion, while a number of PE groups (along with payer Humana) nabbed Kindred in 2017 before splitting off the long-term care and home health businesses. Therefore, it is essential to carefully research the LifePoint Health's history and understand the potential risks before investing. Apollo Management will result in the deployment of aggressive financial You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. More for-profit hospitals are landing in the hands of private equity firms. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. time in regards to the updated capital structure. Michael S. Coggin (executive vice president, chief financial officer) The terms "Lifepoint" or the "Company" as used in this website refer to Lifepoint Health, Inc. and its subsidiaries, unless otherwise stated or indicated by context. | noon ET, PE firm Apollo acquired LifePoint in 2018, LifePoint to acquire Kindred, adding long-term and rehab facilities to its footprint, Teladoc's new CMO Vidya Raman-Tangella on the telehealth giant's clinical strategy and new products, CMS proposed payment rule includes major updates for ACOs, Walmart Health plans clinic expansion in 2024, pushing into 2 new states, UnityPoint Health, Presbyterian Healthcare Services ink latest cross-market merger, Oak Street Health posts $510M loss, outlines risks to CVS acquisition, Why regulators didnt challenge Amazon-One Medical deal, despite data concerns, How to Implement a Healthy Content Moderation Strategy, The role of social determinants of health in patient outcomes, How CFOs Can Build and Implement an Agile Growth Strategy, Health Insurers Square Off With Biden Administration Over Medicare Payments, Walgreens wont distribute abortion pills in some states where they remain legal, N. Carolina legislators reach Medicaid expansion deal, The Powerful Link Between Connectivity and MedTech Innovation, Revamp Your Front-End Revenue Cycle Processes for Success, Fighting Security Headwinds to Maintain a Competitive Edge in Healthcare, Contracts covering tens of thousands of unionized HCA workers set to expire soon, Cleveland Clinic posts $1.2B loss in 2022 as expenses rose, Over 1K residents unionize at Montefiore Medical Center, For-profit hospital system LifePoint Health and rehab and long-term care operator Kindred Healthcare plan to launch a new healthcare company, called. The firm's eighth . Average salary for LifePoint Health Medical Biller in Fort A P Hill: US$41,471. Placed on Review for Downgrade, currently Caa1 (LGD5), .Outlook, Changed To Rating Under In addition, you can. ScionHealth's present and future are rooted in our communities and caregivers, so we listen and collaborate with them to find innovative solutions that cultivate a positive patient experience, delivering the right . The calculation of odds of distress for LifePoint Health stock is tightly coupled with the Probability of Bankruptcy. LifePoint Health is committed to providing Equal Employment Opportunities for all applicants and employees and complies with all applicable laws prohibiting discrimination against any employee or . Following the deal, the company will operate under the LifePoint Health name and will be led by current . Privacy Policy. Moodys credit ratings and publications are not intended for retail investors, and it would be reckless and inappropriate for retail investors to use Moodys credit ratings and publications when making an investment decision. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen. Corporate Finance Group cycle management functions at some of its hospitals over the next few The average LifePoint Health salary ranges from approximately $39,576 per year for a Medical Assistant to $384,377 per year for a Surgeon. Innovation is a pillar of Duke LifePoint Healthcare. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. Their profit margin is 1.63%; after expenses LifePoint is only able to squeeze out a tiny profit. Placed on Review for Downgrade, currently B1 (LGD3), .Senior Secured Regular Bond/Debenture, Everyone has a voice and plays a vital role in advancing quality and safety. Excluding the ongoing review, LifePoint's B2 CFR reflects Diane Ludwig Centra 434-401-7390, diane.ludwig@centrahealth.com. for an undisclosed sum. LifePoint Health, Inc., headquartered in Brentwood, A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. Daugiau informacijos apie tai, kaip naudojame js asmeninius duomenis, rasite ms privatumo taisyklse ir slapuk taisyklse. Posted 5:54:09 PM. Companies specializing in music, video and movie production and distribution. [15] ScionHealth will consist of 79 hospital campuses in 25 states, including Kindreds 61 long-term acute care hospitals and 18 of LifePoints community hospitals and associated health systems. If you are still planning to invest in LifePoint Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. For further specification of Moody's key rating assumptions and What is LifePoint Health Inc? the company's high financial leverage, with debt to EBITDA of approximately Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, iPhone Maker Plans $700 Million India Plant in Shift From China, Stock Traders Are Ignoring Blaring Bond Alarms, S&P 500 Notches Best Week Since Late January: Markets Wrap. LifePoint Health has entered a "definitive agreement" to buy specialty and long-term care provider Kindred Healthcare, the two for-profit health systems announced jointly on Monday. social risk. and governance (ESG) risks in our credit analysis can be found at http://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1263068. Unless you have entered into an express written contract with www.moodys.com to the contrary and/or agreed to the Terms of Use at www.moodys.com or ratings.moodys.com, you agree that you have no right to use the Information in a commercial or public setting and no right to copy it, save it, print it, sell it, or publish or distribute any portion of it in any form. Recipient email addresses will not be used in mailing lists or redistributed. Health (1 days ago) WebThe Tennessee-based health care provider runs hospitals and clinics in rural communities in 22 states, from Nevada to North Carolina. March 1, 2023. 3. LifePoint Health was founded in 1999 on the idea that everyone deserves quality healthcare close to home and that strong healthcare creates strong communities. All Rights Reserved. [3], John P. Bumpus (executive vice president, administration Upload your resume . [14], In 2021, LifePoint Health acquired Kindred Health. Brentwood, Tenn.-based LifePoint Health saw revenues decline in the second quarter of 2018, but the company ended the period with a profit.. LifePoint recorded revenues of $1.57 billion in the . On July 23, LifePoint Health, Inc. (NASDAQ: LPNT) announced its acquisition by private equity firm Apollo Global Management (NYSE: APO) for $5.6 billion. In addition, when a not-for-profit or government-owned facility joins LifePoint, it also becomes a major tax payer, . The purchase price was not disclosed but the private-equity backed companies had about $14 billion in combined revenue in 2017, the most recent public information about their operations before they were taken private.LifePoint to acquire Kindred, adding - Healthcare Divewww.healthcaredive.com/news/lifepoint-to-acquire-kindreWhat happened to LifePoint?LifePoint was one of Middle Tennessees largest publicly traded health care companies until it was sold in 2018 to Apollo Global Management for $5.6 billion.Report: LifePoint Health in talks to buy Ardent Health www.bizjournals.com/nashville/news/2021/02/12/report-liShould LifePoint get government relief?LifePoint was among several private equity-backed health-care firms that received government relief last year amid mounting costs from the pandemic, drawing criticism from lawmakers who said the cash should have come from investors, not taxpayers.Apollo (APO) Books $1.6 Billion Gain Selling Hospital Chain LifePoint www.bloomberg.com/news/articles/2021-07-29/apollo-boFeedbackSee moreSee all on WikipediaLifePoint Health - Wikipediahttps://en.wikipedia.org/wiki/LifePoint_HealthLifePoint Health is an American company that provides healthcare services in growing regions, rural communities and small towns. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. Will His AI Plans Be Any Different? Exceptions to this approach exist for the following disclosures, November 02, 2021 - LifePoint Health and Kindred Healthcare have announced the formation of a new healthcare company operating under the name ScionHealth. Features of the LIFEPOINT HEALTH, INC. RETIREMENT PLAN may include: This Plan is a "Profit-Sharing Plan", where employer contributions are variable and are based upon a portion of company profits based upon quarterly or annual earnings. Linking and Reprinting Policy. LifePoint Health, a for-profit hospital company, has signed a deal to acquire long-term care and rehab company, Kindred Healthcare. 2.CREDIT RATINGS AND MOODYS MATERIALS FOUND ON WWW.MOODYS.COM OR SITES OTHER THAN RATINGS.MOODYS.COM MAY NOT BE DISPLAYED IN REAL TIME. A spin-off from Hospital Corporation of America (HCA) , the company - then known as LifePoint Hospitals - was created on founding CEO Scott Mercy's belief that everyone deserves quality healthcare close to home and that strong hospitals create strong communities. [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. U.S.A. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". and each of its subsidiaries and affiliates. LifePoint and Willamette Valley Medical Center spokespeople did not respond to questions from The Lund Report. "As our teams began to examine how best to bring together the operations of LifePoint and Kindred, it became increasingly clear that we had the right mix of talent, services and assets to reorganize into two strong companies to better serve our patients and communities," David Dill, president and CEO of LifePoint, said in a statement. Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. LifePoint assets could go into REIT following merger. Commitment: it's financial strength and capital investment. No warranty, express or implied, as the accuracy, timeliness, completeness, merchantability or fitness for any particular purpose of any Moodys credit rating is given or made by Moodys in any form whatsoever. Kai naudojats ms svetainmis ir programomis, mes naudojame. Additionally, hospitals rely on Medicare Jei norite pritaikyti savo pasirinkimus, spustelkite Valdyti privatumo nuostatas. now complete. Most of the workforce are quite congenial and easy to approach. For profit. As of November 16, 2018, it operated 89 hospital campuses in 30 states with more than $6 billion in revenues. The . As of November 16, 2018, it operated 89 hospital campuses in 30 states with more than $6 billion in See more, https://www.beckershospitalreview.com/finance/lifepoint-posts-52m-profit-as-it-explores-sale-to-private-equity-firm.html#:~:text=Brentwood%2C%20Tenn.-based%20LifePoint%20Health%20saw%20revenues%20decline%20in,to%20private%20equity%20firm%20Becker%27s%20Healthcare%3A%20Hospital%20ASC, Health (8 days ago) WebLifepoint Health, a diversified healthcare delivery network dedicated to making communities healthier, and Midi Health, a virtual clinic making expert care accessible and affordable for women , Health (3 days ago) WebOther investors put up some of the money. financial policies and liquidity. and each of its subsidiaries and affiliates.. 1. If you would like to customise your choices, click 'Manage privacy settings'. Historical business data for LifePoint Health, Inc.: This page was last edited on 17 November 2022, at 19:28. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information., 6. Review From Stable, RATINGS RATIONALE / FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE Please see www.moodys.com for any updates on changes to Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. The firm earned $1.56 billion during the quarter, compared to analyst estimates of $1.55 billion. LifePoint Health displays poor strategic planning in most instances because they are growing so quickly. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Willamette Valley Medical Center, a small hospital with just 60 beds, has generated big profits for its corporate owners: $94 million in 2014-18, according to filings with the Oregon Health Authority. . The rating review will focus on the combined firm's larger scale, BRENTWOOD, Tenn.- ( BUSINESS WIRE )- Lifepoint Health, a diversified healthcare delivery network dedicated to its mission of making communities healthier, today announced that it has acquired four inpatient rehabilitation facilities from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company. Moody's general principles for assessing environmental, social The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. Average salary for LifePoint Health Chief Medical Officer in Cary: USD 294,259. LifePoint and Kindred expect the transaction to close and ScionHealth to be launched by the end of this year, subject to regulatory approvals and other closing conditions. "LifePoint shared our deep commitment to keep quality . LifePoint Health is a company growing very quickly and offers excellent an excellent salary and benefits. Duke LifePoint Healthcare is a joint venture of Duke Health and Lifepoint Health that was established in 2011 to bring high-quality healthcare services to community hospitals in North Carolina and the surrounding region, as well as regional tertiary centers across the nation.. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. The average LifePoint Health hourly pay ranges from approximately $19 per hour for a Medical Assistant to $110 per hour for a Director. LifePoint has a track record of investing in state-of-the-art technology, facility improvements, physician recruitment and staff development. LifePoint posts , https://www.beckershospitalreview.com/finance/lifepoint-posts-52m-profit-as-it-explores-sale-to-private-equity-firm.html, Health (3 days ago) WebLifepoint Health, Inc. is a holding company whose subsidiaries own and operate hospitals and facilities. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University.. To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Company Type For Profit. Lifepoint Behavioral Health is a business unit of Brentwood, Tennessee-based Lifepoint Health. RN (Former Employee) - Indiana - January 24, 2023. Moody's expects improvement Driven by a mission of Making Communities Healthier, the company has . Based on 362 salaries posted anonymously by LifePoint Health Chief Medical Officer employees in Cary. Topics covered: M&A, health IT, care delivery, healthcare policy & regulation, health insurance, operations and more. Apollo's purchase of LifePoint Health is a $5.6 billion deal and is the latest in a series of bets by private-equity firms on health care. Average salary for LifePoint Health Remote Medical Coder in Charlotte: US$55,926. We're hiring a Data Analyst at Lifepoint Health! Alternatively, please see the Rating Methodologies page on www.moodys.com Introduction to Non-Profit Sector -Introduction to Quantitative Business Analysis - Leadership & Organizational Behavior . Check out. balance billing has garnered substantial social and political attention. given its large scale, Apollo may take dividends along the way, Lifepoint Health, Inc. is a holding company whose subsidiaries own and operate hospitals and facilities. Based on 362 salaries posted anonymously by LifePoint Health Medical Biller employees in Fort A P Hill. Details around those arrangements are still being worked out, the spokesperson said. Jonathan Kanarek, CFA Let Healthcare Dive's free newsletter keep you informed, straight from your inbox. Please try again later. Topics covered: interoperability, artificial intelligence, digital health, EHRs, cybersecurity, vendor activity and telehealth. Canary Wharf, London E14 5FA under the law applicable to credit salary increases for nonprofit hospital CEOs outpaced those for surgeons and other health-care workers by 93 . Eleven of LifePoint's hospitals were Top Performers in 2012. It was established in 1999 and is headquartered in Brentwood, Tennessee. AAPL, FB, TWTR), Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. rodytume pomgi profiliu pagrstas suasmenintas reklamas ir turin, vertintume suasmenint reklam bei turinio veiksmingum ir. Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. If the correlation is 0, the equities are not correlated; they are entirely random. Joint Commission . For investors in LifePoint Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LifePoint Health will eventually generate negative long term returns. An agreement would have changed YRMC's status as a non-profit hospital. Use semicolon to separate each address, limit to 20 addresses. Find salaries. Service Industry published in October 2016 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1037985. The private-equity-backed healthcare operators did not disclose a purchase price. HighPoint Health System. debt or security this announcement provides certain regulatory disclosures We recognize that every community has unique healthcare needs, and for more than 15 years, we have worked to ensure the highest standards of quality care and excellent service to patients at each of our locations by understanding and responding to these needs. Lifepoint Health was founded in 1999 on the idea that everyone deserves quality healthcare close to home and that strong healthcare creates strong communities. Jan 3, 2023 09:43pm. Addition of four inpatient rehabilitation facilities in Texas, Arkansas and Ohio will further expand Lifepoint's growing network of rehabilitation service providers across the country Lifepoint . You have reached the daily limit of Research email sharings. LifePoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the , https://finance.yahoo.com/news/lifepoint-health-signs-agreement-acquire-130000002.html, Health (1 days ago) WebLifePoint Health insights Based on 127 survey responses What people like Supportive environment Clear sense of purpose Ability to learn new , https://www.indeed.com/cmp/Lifepoint-Health/reviews, Health (9 days ago) WebCompany Type For Profit Phone Number (615)920-7000 LifePoint Health was founded in 1999 on the idea that everyone deserves quality healthcare close to home and that , https://www.crunchbase.com/organization/lifepoint-hospitals, Health (7 days ago) WebBoth LifePoint and Kindred have private equity owners: PE firm Apollo acquired LifePoint in 2018 for $5.6 billion, while a number of PE groups (along with , https://www.healthcaredive.com/news/lifepoint-kindred-spinning-off-79-hospital-entity-acquisition-scionhealth/608932/, Health (Just Now) WebBrentwood, Tenn.-based LifePoint Health saw revenues decline in the second quarter of 2018, but the company ended the period with a profit.

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