AdventHealth to acquire Redmond Regional Medical Center from HCA Healthcare for $635m.

AdventHealth, a non-profit health care centre, agreed to acquire Redmond Regional Medical Center, a 230 bed hospital, from HCA Healthcare, a provider of health care services, for $635m. As a result of the sale of Redmond Regional Medical Center, a hospital that was not able to fully benefit from a broader HCA Healthcare network in the area, the company will no longer have a presence in northwest Georgia. The transaction provides strategic value to HCA Healthcare by increasing financial flexibility for investments in ongoing and future initiatives in core markets.