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Two hospital systems expand networks in tough times
The Tennessean, February 3, 2009
LifePoint Hospitals completed its acquisition of a hospital in Conyers, GA, while Community Health Systems announced a new deal in Arkansas. The transactions reflect how more community-owned and not-for-profit hospitals are considering options such as partnering with national hospital chains as they face a worsening national economy. Under the agreements, chains often commit money for hospital upgrades or agree to replace existing buildings.
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