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Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 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 nine months ended September 30, 2024 and the year ended December 31, 2023:

						Licensed
Hospital		Buyer		City, State		Beds		Effective Date
2024 Divestiture:
Tennova Healthcare - Cleveland		Hamilton Health Care Systems, Inc.		Cleveland, TN		351		August 1, 2024
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 September 30, 2024 and December 31, 2023 (in millions). Other current assets primarily includes patient accounts receivable and prepaid expenses while 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 September 30, 2024 or December 31, 2023.

		September 30, 2024				December 31, 2023
Other current assets		$	95			$	6
Other assets, net			59				218
Accrued liabilities			(57	)			(13	)

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Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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