Market Overview

LifePoint Health Announces Future Leadership Team for Merged Organization


LifePoint Health (NASDAQ:LPNT) today announced the incoming executive
team that will lead the organization following the completion of its
merger with RCCH HealthCare Partners. The transaction is expected to be
finalized later this year and will result in LifePoint Health being a
privately-held company.

"I am delighted to announce the executive team that will lead the
newly-expanded LifePoint Health into the future," said David Dill,
LifePoint Health's current President and Chief Operating Officer who
will assume the role of Chief Executive Officer of the combined company,
pending completion of the transaction. "This team will be responsible
for uniting LifePoint Health and RCCH HealthCare Partners around a
shared culture and goal of establishing our company as the leader in
delivering high-quality, community-based healthcare. Together, we have
exciting opportunities to transform healthcare in non-urban communities
and advance our mission of Making Communities Healthier."

The LifePoint Health executive leadership team will include:

  • John Bumpus, Executive Vice President (EVP), Administration;
  • Michael Coggin, EVP, Chief Financial Officer;
  • Victor Giovanetti, FACHE, EVP, Hospital Operations;
  • Rob Jay, EVP, Integrated Operations; and
  • Jennifer Peters, EVP, General Counsel.

The combined company will be known as LifePoint Health and will operate
a diversified portfolio of healthcare assets, including more than 80
non-urban hospitals in 30 states, regional health systems, physician
practices, outpatient centers and post-acute service providers, with
leading market positions as the sole community healthcare provider in
the majority of the regions it serves.

About LifePoint Health

LifePoint Health® is a leading healthcare company dedicated to Making
Communities Healthier®. Through its subsidiaries, it provides quality
inpatient, outpatient and post-acute services close to home. LifePoint
owns and operates community hospitals, regional health systems,
physician practices, outpatient centers, and post-acute facilities
across the country. It is the sole community healthcare provider in the
majority of the non-urban communities it serves. More information about
the Company can be found at
All references to "LifePoint," "LifePoint Health" or the "Company" used
in this release refer to affiliates or subsidiaries of LifePoint Health,

Forward Looking Statements

This communication contains certain information, including statements as
to the expected timing, completion and effects of the proposed merger
involving the Company, which may constitute forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks and uncertainties, and actual results
may differ materially. Such forward looking statements include, among
others, statements about the benefits of the proposed transaction,
including future financial and operating results, plans, objectives,
expectations for the Company and other statements that are not
historical facts. Such statements are based on the current beliefs and
expectations of the management of the Company and are subject to
significant risks and uncertainties outside of the Company's control.
These risks and uncertainties include the possibility that the
anticipated benefits from the proposed transaction will not be realized,
or will not be realized within the expected time periods; the occurrence
of any event, change or other circumstances that could give rise to
termination of the proposed transaction agreement; the failure of the
Company's stockholders to adopt the Agreement and Plan of Merger;
operating costs, loss and business disruption (including, without
limitation, difficulties in maintaining relationships with employees,
customers or suppliers) may be greater than expected following the
announcement of the proposed transaction; the retention of certain key
employees at the Company; risks associated with the disruption of
management's attention from ongoing business operations due to the
proposed transaction; the inability to obtain necessary regulatory
approvals of the proposed transaction or the receipt of such approvals
subject to conditions that are not anticipated; the risk that a
condition to closing the transaction may not be satisfied on a timely
basis or at all; the risk that the proposed transaction fails to close
for any other reason; the outcome of any legal proceedings related to
the proposed transaction; the parties' ability to meet expectations
regarding the timing and completion of the proposed transaction; the
impact of the proposed transaction on the Company's credit rating; and
other risks described in the Company's Form 10-K, Form 10-Q and
Form 8-K reports filed with the SEC. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date hereof. Except as otherwise required by law, the Company
does not undertake any obligation, and expressly disclaims any
obligation, to update, alter or otherwise revise any forward-looking
statements, whether written or oral, that may be made from time to time,
whether as a result of new information, future events or otherwise.

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