Fauquier Health, LifePoint Hospitals Finalize JV Agreement

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The Fauquier Health Board of Directors and LifePoint Hospitals (NASDAQ: LPNT) have finalized their joint venture agreement to share ownership and operation of Fauquier Health. The joint venture will bring $52.8 million in capital investments to Fauquier Health over the next 10 years and provide more than $100 million to fund a charitable foundation to support crucial community needs. “Fauquier Health is delighted to finalize this joint venture agreement and become part of the LifePoint family,” said Marshall Doeller, chairman of the Fauquier Health Board. “As part of LifePoint, our health system will gain access to resources and support that will help us thrive in the changing healthcare environment. We look forward to working with the LifePoint team to expand our See full press release

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