May, 13, 2021 – HCA Healthcare, Inc. (Nashville, TN) has signed a definitive agreement to sell 230-bed Redmond Regional Medical Center (Rome, GA) to AdventHealth for approximately $635 million.
The sale completes the company’s divestiture of hospitals in the surrounding areas of Atlanta.
As a result of the sale of Redmond Regional Medical Center, a hospital that HCA says was not able to fully benefit from a broader HCA Healthcare network in the area, the company will no longer have a presence in northwest Georgia.
The company says that the transaction provides strategic value to HCA Healthcare by increasing financial flexibility for investments in ongoing and future initiatives in core markets.
The transaction is subject to customary regulatory approvals and expected to close in the third quarter of 2021.