Lifepoint Health Acquires Majority Ownership Interest in Springstone
Summary
“We recognize that there is a widespread and critical need for expanding access to behavioral health services, and both Lifepoint and Springstone share a commitment to providing high quality, compassionate behavioral healthcare to communities across the nation,” said David Dill, chairman and chief executive officer of Lifepoint Health. This transaction is central to helping us accomplish this and to advancing our mission of making communities healthier.” Founded in 2010, Springstone has emerged as a leader in the prevention, diagnosis and treatment of behavioral health conditions. Recognized for its state-of-the-art, purpose-built facilities, Springstone has exceeded national benchmarks in patient outcomes for hospital-based inpatient psychiatric services. With the close of the transaction, Lifepoint’s healthcare delivery network now spans 62 community hospital campuses, more than 50 rehabilitation and behavioral health hospitals and more than 200 additional sites of care, including managed acute rehabilitation units, outpatient centers and post-acute care facilities. Driven by a mission of making communities healthier®, the company has a growing diversified healthcare delivery network comprised of more than 50,000 dedicated employees, 62 community hospital campuses, more than 50 rehabilitation and behavioral health hospitals and more than 200 additional sites of care, including managed acute rehabilitation units, outpatient centers and post-acute care facilities.