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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2024
Acquisitions And Divestitures [Abstract]  
Schedule of Divestitures The following table provides a summary of hospitals that the Company divested (or, in the case of Lutheran Rehabilitation Hospital, in which the Company sold a majority interest) during the year ended December 31, 2023:

 

 

 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date

2023 Divestitures:

 

 

 

 

 

 

 

 

Greenbrier Valley Medical Center

 

Vandalia Health, Inc.

 

Ronceverte, WV

 

122

 

January 1, 2023

Plateau Medical Center

 

Vandalia Health, Inc.

 

Oak Hill, WV

 

25

 

April 1, 2023

Medical Center of South Arkansas

 

SARH Holdings, Inc.

 

El Dorado, AR

 

166

 

July 1, 2023

Lutheran Rehabilitation Hospital

 

Select Medical Corporation

 

Fort Wayne, IN

 

36

 

September 1, 2023

AllianceHealth Ponca City

 

Integris Health

 

Ponca City, OK

 

140

 

November 1, 2023

AllianceHealth Woodward

 

Integris Health

 

Woodward, OK

 

87

 

November 1, 2023

Bravera Health Brooksville

 

Tampa General Hospital

 

Brooksville, FL

 

120

 

December 1, 2023

Bravera Health Spring Hill

 

Tampa General Hospital

 

Spring Hill, FL

 

124

 

December 1, 2023

Bravera Health Seven Rivers

 

Tampa General Hospital

 

Crystal River, FL

 

128

 

December 1, 2023

Schedule of Balance Sheet Items Classified as Held for Sale

The following table discloses amounts included in the condensed consolidated balance sheets for the hospitals classified as held-for-sale as of March 31, 2024 and December 31, 2023 (in millions). Other assets, net, primarily includes the net property and equipment and goodwill for the hospitals held-for-sale. No divestitures or potential divestitures meet the criteria for reporting as a discontinued operation as of March 31, 2024 or December 31, 2023.

 

 

 

March 31,
2024

 

 

December 31,
2023

 

Other current assets

 

$

6

 

 

$

6

 

Other assets, net

 

 

219

 

 

 

218

 

Accrued liabilities

 

 

(13

)

 

 

(13

)