LifePoint Health and the Sisters of Charity Health System today announced that the acquisition of Providence Hospitals by LifePoint Health has been completed. In joining LifePoint, Providence will have access to new resources that will further enhance quality care and strengthen its ability to expand the services it provides. It also will continue to operate in a manner consistent with the identity of a Catholic hospital, as it has since its founding.
“LifePoint is thrilled to welcome the employees, physicians and volunteers at Providence Hospitals to the LifePoint family. Under the previous leadership of the Sisters of Charity Health System, Providence Hospitals established a rich legacy of providing quality care and meeting unmet healthcare needs in the Midlands,” said William F. Carpenter III, chairman and chief executive officer of LifePoint Health. “We are excited to continue the hospital’s Catholic identity and proud to be partners in writing the next chapter of Providence’s history. Together, we will advance healthcare delivery in this region and find new ways to make the communities we serve healthier.”
LifePoint and Providence will work collaboratively with local physician leaders to foster Providence’s leadership in cardiac care and orthopedics and build additional healthcare services across the region. This will include investing in the future growth of Providence and expanding the services available at its Northeast campus. In addition, LifePoint will continue Providence’s dedication to providing charity care to those in the community who cannot afford to pay for healthcare services.
“The Sisters of Charity Health System chose LifePoint as a partner for Providence Hospitals because of the company’s commitment to continuing Providence’s Catholic identity, dedication to quality care and service, and ability to help Providence grow and meet the region’s evolving healthcare needs,” said Terrence P. Kessler, president and chief executive officer of the Sisters of Charity Health System. “As part of LifePoint, Providence will have great opportunities to build on its heritage of compassionate, quality care and service to communities throughout the Midlands. We are pleased to finalize this acquisition.”
As part of LifePoint, Providence Hospitals will continue to fully be a member of the Catholic Diocese of Charleston, implementing the provisions of Catholic healthcare in all of its operations.
“Providence Hospitals has been a trusted Catholic healthcare provider in this community for more than 77 years, and I am pleased its Catholic mission and ministry will continue to be carried out in this Diocese as it joins LifePoint,” said Bishop Robert E. Guglielmone of the Diocese of Charleston. “I look forward to working with the Providence and LifePoint teams in the coming months as they work to strengthen Providence for the future and find additional ways to contribute to the health and wellbeing of people across this region.”
“The mission, values and philosophy of the Sisters of Charity of St. Augustine are truly engrained into every member of the Providence family,” said Sr. Judith Ann Karam, CSA, congregational leader and chair of the public juridic person of the Sisters of Charity Health System. “We know the healing ministry of Jesus lives on in the hands and hearts of every member of the Providence family.”
With the completion of the acquisition, Providence will become a local taxpayer, providing a new source of tax revenue to support government services, infrastructure and schools in Richland County. The company also will involve the community in the governance of the hospital through a board that includes physician and community representatives.
Effective February 1, Scott Campbell, who previously was lead administrator and transition executive at Providence Hospitals during the acquisition, has become the organization’s market chief executive officer. Phil Young, who has served as lead administrator and transition executive for the Northeast campus, has become chief executive officer of Providence Northeast.
“I’m delighted to lead the Providence team as it joins LifePoint,” said Campbell. “In the last several months, I have seen the tremendous dedication everyone at Providence has to serving their communities and caring for those who live here. We have great opportunities ahead of us to partner with LifePoint to honor Providence’s Catholic heritage, expand upon the team’s dedication, and enhance the many ways we foster the wellbeing of people of all ages throughout this region.”
LifePoint’s acquisition of Providence Hospitals has met state and other regulatory requirements as well as requirements of the Vatican and the Catholic Diocese of Charleston.