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Acquisitions, Divestitures and Closures (Tables)
12 Months Ended
Dec. 31, 2022
Acquisitions Divestitures And Closures [Abstract]  
Schedule of Divestitures The following table provides a summary of hospitals that the Company divested during the years ended December 31, 2022, 2021 and 2020.

 

Hospital

 

Buyer

 

City, State

 

Licensed

Beds

 

 

Effective Date

2022 Divestitures:

 

 

 

 

 

 

 

 

 

 

AllianceHealth Seminole

 

SSM Heath Care of Oklahoma, Inc.

 

Seminole, OK

 

32

 

 

July 1, 2022

 

 

 

 

 

 

 

 

 

 

 

2021 Divestitures:

 

 

 

 

 

 

 

 

 

 

Lea Regional Medical Center

 

Covenant Health System

 

Hobbs, NM

 

84

 

 

January 1, 2021

Tennova Healthcare - Tullahoma

 

Vanderbilt University Medical Center

 

Tullahoma, TN

 

135

 

 

January 1, 2021

Tennova Healthcare - Shelbyville

 

Vanderbilt University Medical Center

 

Shelbyville, TN

 

60

 

 

January 1, 2021

Northwest Mississippi Medical Center

 

Delta Health System

 

Clarksdale, MS

 

181

 

 

February 1, 2021

AllianceHealth Midwest

 

SSM Health Care of Oklahoma, Inc.

 

Midwest City, OK

 

255

 

 

April 1, 2021

 

 

 

 

 

 

 

 

 

 

 

2020 Divestitures:

 

 

 

 

 

 

 

 

 

 

Berwick Hospital Center

 

Fayette Holdings, Inc.

 

Berwick, PA

 

 

90

 

 

December 1, 2020

Brownwood Regional Medical Center

 

Hendrick Health System

 

Brownwood, TX

 

 

188

 

 

October 27, 2020

Abilene Regional Medical Center

 

Hendrick Health System

 

Abilene, TX

 

 

231

 

 

October 27, 2020

San Angelo Community Medical Center

 

Shannon Health System

 

San Angelo, TX

 

 

171

 

 

October 24, 2020

Bayfront Health St. Petersburg

 

Orlando Health, Inc.

 

St. Petersburg, FL

 

 

480

 

 

October 1, 2020

Hill Regional Hospital

 

AHRK Holdings, LLC

 

Hillsboro, TX

 

 

25

 

 

August 1, 2020

St. Cloud Regional Medical Center

 

Orlando Health, Inc.

 

St. Cloud, FL

 

 

84

 

 

July 1, 2020

Northern Louisiana Medical Center

 

Allegiance Health Management, Inc.

 

Ruston, LA

 

 

130

 

 

July 1, 2020

Shands Live Oak Regional Medical Center

 

HCA Healthcare, Inc. ("HCA")

 

Live Oak, FL

 

 

25

 

 

May 1, 2020

Shands Starke Regional Medical Center

 

HCA

 

Starke, FL

 

 

49

 

 

May 1, 2020

Southside Regional Medical Center

 

Bon Secours Mercy Health System

 

Petersburg, VA

 

 

300

 

 

January 1, 2020

Southampton Memorial Hospital

 

Bon Secours Mercy Health System

 

Franklin, VA

 

 

105

 

 

January 1, 2020

Southern Virginia Regional Medical Center

 

Bon Secours Mercy Health System

 

Emporia, VA

 

 

80

 

 

January 1, 2020

 

Schedule of Balance Sheet Items Classified as Held for Sale

The following table discloses amounts included in the consolidated balance sheet for hospitals and other assets classified as held-for-sale as of December 31, 2022 (in millions). Other assets, net primarily includes goodwill and the net property and equipment for hospitals held-for-sale. No hospitals were classified as held-for-sale as of December 31, 2021 and no divestitures or potential divestitures meet the criteria for reporting as a discontinued operation as of December 31, 2022, 2021, or 2020.

 

 

December 31,

 

 

2022

 

Other current assets

$

6

 

Other assets, net

 

132

 

Accrued liabilities

 

(4

)