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LifePoint Hospitals Puts Out Prescription for M&A

August 16, 2023
in Trade Tube
Reading Time: 1 min read
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LifePoint Hospitals Inc. remains on the hunt for acquisitions amid a strong balance sheet and ample supply, according to the Brentwood, Tenn. hospital operator’s chief financial officer. With a presence in 21 states already, the company is likely to move beyond its typical rural realm and penetrate suburban markets in the future, one analyst said. LifePoint, whose debt is 4.4 times EBITDA, is less leveraged than others in the space, putting it in an even better position to make deals.

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