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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2025
Acquisitions And Divestitures [Abstract]  
Schedule of Divestitures The following table provides a summary of hospitals that the Company divested (or, in the case of Merit Health Biloxi, in which the Company sold its ownership interest) during the three months ended March 31, 2025 and the year ended December 31, 2024:

 

 

 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date

2025 Divestitures:

 

 

 

 

 

 

 

 

Merit Health Biloxi

 

Memorial Health System

 

Biloxi, Mississippi

 

153

 

February 1, 2025

ShorePoint Health - Port Charlotte

 

AdventHealth

 

Port Charlotte, Florida

 

254

 

March 1, 2025

ShorePoint Health - Punta Gorda

 

AdventHealth

 

Punta Gorda, Florida

 

208

 

March 1, 2025

 

 

 

 

 

 

 

 

 

2024 Divestitures:

 

 

 

 

 

 

 

 

Tennova Healthcare - Cleveland

 

Hamilton Health Care Systems, Inc.

 

Cleveland, TN

 

351

 

August 1, 2024

Davis Regional Medical Center

 

Iredell Memorial Hospital

 

Statesville, NC

 

144

 

October 1, 2024

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, 2025 and December 31, 2024 (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 March 31, 2025 or December 31, 2024.

 

 

 

March 31,
2025

 

 

December 31,
2024

 

Other current assets

 

$

15

 

 

$

28

 

Other assets, net

 

 

187

 

 

 

395

 

Accrued liabilities

 

 

(14

)

 

 

(43

)