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Fauquier Health, LifePoint Hospitals Finalize JV Agreement


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

Posted-In: News Guidance Dividends Offerings Contracts Management Global


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