Source: US News
A New Orleans health care nonprofit is acquiring three hospitals from a national chain in a deal that will leave two major players on the city’s hospital care scene.
New Orleans-based LCMC Health will acquire three Tulane hospitals from HCA Healthcare. The deal includes Tulane Medical Center in downtown New Orleans, along with two suburban hospitals, Tulane Lakeside Hospital and Lakeview Regional Medical Center.
The deal leaves LCMC and Ochsner as the two major hospital care providers in the New Orleans area.
The Times-Picayune/The New Orleans Advocate reported that it’s a $150 million deal. It was announced in a joint statement Monday by LCMC Health and Tulane University. The university has been a minority owner of the hospitals but will not have an ownership interest when the deal is completed.
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