VUMC to Fully Acquire Tennova Healthcare-Clarksville for $600M
Vanderbilt University Medical Center (VUMC) is set to become the full owner of Tennova Healthcare-Clarksville. The transaction, valued at $600 million, is expected to close in early 2026, pending regulatory approvals. VUMC currently holds a 20% stake in the hospital, which it acquired in October 2020 for nonprofit purposes.
The 270-bed Clarksville hospital and its related facilities were previously owned by Community Health Systems (CHS). In a recent announcement, CHS revealed the sale of its 80% ownership interest to VUMC. This move comes after VUMC established a 20% ownership in 2005 when the hospital was first sold into for-profit hands, ensuring nonprofit goals were maintained.
The upcoming full acquisition by VUMC is a significant development in the healthcare landscape of Clarksville. It is expected to bring VUMC's renowned medical expertise and nonprofit mission to the region, potentially enhancing healthcare services and accessibility for the local community.
The acquisition of Tennova Healthcare-Clarksville by VUMC is expected to close in early 2026, subject to regulatory approvals. This transaction, valued at $600 million, marks a significant step in VUMC's expansion and commitment to providing high-quality, nonprofit healthcare services in the region.
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