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Lifepoint Health Acquires Cornerstone Behavioral Health El Dorado

Jan 23, 2023•almost 3 years ago

Acquiring Company

Lifepoint Health

Acquired Company

Cornerstone Behavioral Health El Dorado

Brentwood

Description

Lifepoint Health®, a diversified healthcare delivery network dedicated to its mission of making communities healthier®, today announced that it has acquired Cornerstone Behavioral Health El Dorado. This transaction further advances Lifepoint’s plans to grow its behavioral health capabilities and access points and expand its innovative behavioral health platform to meet the current and future needs of the people and communities it serves.

Company Information

Company

Lifepoint Health

Location

Brentwood, Tennessee, United States

About

Lifepoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the healthcare continuum. Driven by a mission of making communities healthier®, the company has a growing diversified healthcare delivery network comprised of more than 50,000 dedicated employees, 62 community hospital campuses, more than 30 rehabilitation and behavioral health hospitals and 170 additional sites of care, including managed acute rehabilitation units, outpatient centers and post-acute care facilities. Through its innovation strategy, Lifepoint Forward, the company is developing meaningful solutions to enhance quality, increase access to care, and improve value across the Lifepoint footprint and communities across the country.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed