HCA Agrees To Purchase Grandview Medical Center From Capella

Tuesday, January 14, 2014

HCA and Capella Healthcare on Tuesday announced the signing of a definitive agreement for the sale of Grandview Medical Center in the Chattanooga area by Capella to HCA’s TriStar Division.


Grandview Medical Center is a 70-bed hospital in Jasper, that serves five counties in Tennessee, Georgia and Alabama. The hospital will become part of the Parkridge Health System in HCA’s TriStar Division. With the acquisition of Grandview, the Parkridge Health System will grow to five facilities in the Chattanooga market.


“The addition of Grandview Medical Center will enhance our ability to serve the Chattanooga market and deliver the highest quality patient care possible close to where people live and work,” said Steve Corbeil, president of HCA’s TriStar Division. “We look forward to welcoming Grandview to TriStar and Parkridge Health System.”


“We are proud of Grandview Medical Center’s service to the Sequatchie Valley in the time they’ve been part of our Capella family,” said Mark Medley, president of Hospital Operations for Capella Healthcare. “Since joining Capella, they’ve added new physicians, expanded services, and the staff has been recognized nationally for their focus on quality and safety. During the coming years, to best serve their communities, hospitals must improve quality while lowering costs.  Closer collaboration with the region’s leading health system will help facilitate the achievement of these goals for Grandview and people throughout the Sequatchie Valley.”


The transaction is subject to customary regulatory approvals and is expected to be completed in the first quarter of 2014. Terms of the agreement were not disclosed. Capella and HCA are working closely to ensure a smooth transition for hospital employees, patients and the community.  


The Lantern At Morning Pointe To Host Hot Dog Fundraiser For Alzheimer's Association

The Lantern at Morning Pointe Alzheimer’s Center of Excellence, Collegedale is hosting a hot dog fundraiser benefiting the Mid-South Chapter of the Alzheimer’s Association. Make a donation and pick up a hot dog with all the fixings on Thursday, Aug. 4, from 10:30 a.m.-2 p.m., at the Elder's Ace Hardware of Ooltewah, located at 9231 Lee Hwy in Ooltewah. Call (423) 396-4700 for ... (click for more)

Medical Tower At CHI Memorial Hospital Sold For Over $9 Million

CHI Memorial’s Missionary Ridge Medical Tower has been sold to Physicians Realty Trust for $9,020,000. Officials said, "CHI Memorial has signed a 10-year master lease on the property for all space occupied by our CHI Memorial Medical Group physician practices and outpatient services such as CHI Memorial Regional Sleep Center and outpatient lab. "All CHI Memorial entities ... (click for more)

Beck Upset By Criticism Of Late WWTA Director Cleveland Grimes In WWTA Analysis; Boyd Won't Rewrite 57-Page Report

County Commissioner Greg Beck said it was inappropriate for fellow Commissioner Tim Boyd to include articles critical of the late Cleveland Grimes in a 57-page report on the Hamilton County Water and Wastewater Treatment Authority. He said, "Criticizing a dead man - I don't know if that's appropriate. If that's Christianity, let me off the wagon." Saying the report should ... (click for more)

Investor In Scheme Says Dyer Made Contacts At Quarterback Club

One of the investors who was a loser in an investment scheme recently halted by the Securities and Exchange Commission said one of the Chattanooga brokers involved made many of his contacts through the Chattanooga Quarterback Club. Paul Smith, former Hamilton County Democratic Party chairman, said Doug Dyer has been the president for many years of the club that promotes UTC and ... (click for more)

Give Bullet-Proof Vests To Every Black Youth In The City - And Response (2)

I heard a report that the Chattanooga police were being given better bullet-proof vests, and I had an idea. What if Chattanooga became known for something besides electric buses and fast internet service? What if Chattanooga provided a bullet-proof vest to every young black man and black youth in the city limits?   I can hear the scoffing as I write, but think about it. ... (click for more)

Roy Exum: Our Horses Vs. DesJarlais

It is well-known that shortly after the despicable “Big Lick” faction of the Tennessee Walking Horse industry put on a very-pointed fundraiser for the equally repugnant Congressman Scott DesJarlais (R-Jasper) two years ago, the misguided doctor has repeatedly tried to bully and strong-arm the U.S. Department of Agriculture on the behalf of the vermin who sadistically torture the ... (click for more)