Louisville, Ky.-based ScionHealth has completed the acquisition of Dallas-based Cornerstone Healthcare Group, adding 15 specialty hospitals, eight senior living locations and about 3,000 providers to its network.
ScionHealth, which was established in 2021 by Brentwood, Tenn.-based LifePoint Health and Louisville-based Kindred Healthcare, now operates 94 hospital campuses — 76 long-term acute care hospitals and 18 community hospital campuses and associated health systems.
The expansion "demonstrates our platform for growth and our priority in supporting exceptional patient and employee experiences in hospitals close to home," ScionHealth CEO Rob Jay said in a Jan. 23 news release. "We are excited to add Cornerstone and its dedicated team members to ScionHealth, and eager to leverage best practices from both organizations to continue delivering compassionate, quality-focused care to patients across the country who place their trust in us."
Simultaneous to the close of the Cornerstone deal, Lifepoint Health completed the purchase of Cornerstone Behavioral Health El Dorado in Tucson, Ariz., from ScionHealth.