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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2023
Acquisitions And Divestitures [Abstract]  
Schedule of Divestitures

The following table provides a summary of hospitals that the Company divested during the six months ended June 30, 2023 and the year ended December 31, 2022:

 

 

 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date

2023 Divestitures:

 

 

 

 

 

 

 

 

Greenbrier Valley Medical Center

 

Vandalia Health, Inc.

 

Ronceverte, WV

 

122

 

January 1, 2023

Plateau Medical Center

 

Vandalia Health, Inc.

 

Oak Hill, WV

 

25

 

April 1, 2023

 

 

 

 

 

 

 

 

 

2022 Divestiture:

 

 

 

 

 

 

 

 

AllianceHealth Seminole

 

SSM HealthCare of Oklahoma, Inc.

 

Seminole, OK

 

32

 

July 1, 2022

Schedule of Balance Sheet Items Classified as Held for Sale

The following table discloses amounts included in the condensed consolidated balance sheets for the hospitals classified as held-for-sale as of June 30, 2023 and December 31, 2022 (in millions). Other assets, net, primarily includes the net property and equipment and goodwill for the hospitals held-for-sale. No divestitures or potential divestitures meet the criteria for reporting as a discontinued operation as of June 30, 2023 or December 31, 2022.

 

 

 

June 30,
2023

 

 

December 31,
2022

 

Other current assets

 

$

11

 

 

$

6

 

Other assets, net

 

 

262

 

 

 

132

 

Accrued liabilities

 

 

(21

)

 

 

(4

)