Sumner Regional Health Systems Acquires Smith County Memorial Hospital from Lifepoint Hospital, Inc..
CHICAGO (April 12, 2006) — On March 31, 2006, McDermott Will & Emery client Sumner Regional Health Systems, Inc., (SRHS), a private not-for-profit health care system, closed its acquisition of Smith County Memorial Hospital (SCMH) from LifePoint Hospitals, Inc. SCMH, a 63 licensed-bed, full-service facility, has been owned and operated by LifePoint since its spin-off from HCA, Inc. in 1999.
The McDermott team advising SRHS on the acquisition included partners John Callahan, Monte Dube and Tom Hefty. Additionally Jeffrey Sheldon provided assistance on licensing issues, Lisa Kaderabek advised on financing issues, and Marilyn Lamar negotiated the information technology contract.
With the addition of SCMH, Sumner Regional Health Systems, Inc., headquartered in Gallatin, Tennessee, now serves the needs of communities through four health care facilities, including Sumner Regional Medical Center; Trousdale Medical Center, a 25-bed critical access hospital in Hartsville, Tennessee, acquired in 2000; and Carthage General Hospital, a 25-bed critical access hospital in Carthage, Tennessee, acquired in 2004. LifePoint Hospitals, Inc. of Brentwood, Tennessee is a leading hospital company focused on providing health care services in non-urban communities.
With an over 50-year history of serving the health care industry, McDermott has one of the United States' largest and most prestigious health law departments. Chambers USA: America's Leading Lawyers For Business, 2005 Client's Guide ranked McDermott's health care practice in the top tier of all health practices in the United States.
