Piedmont Healthcare
Private | |
ISIN | 🆔 |
Industry | Health care |
Founded 📆 | 1983 Atlanta, Georgia, U.S. |
Founders 👔 | Thomas F. Frist Sr., Thomas F. Frist Jr., Jack C. Massey |
Headquarters 🏙️ | , Atlanta, Georgia , U.S. |
Number of locations | 19 hospitals [1][non-primary source needed] |
Area served 🗺️ | United States |
Key people | Kevin Brown (President/CEO)[2] |
Revenue🤑 | $177.72 million [2] |
Members | |
Number of employees | 3,600[2] |
🌐 Website | piedmont |
📇 Address | |
📞 telephone | |
Piedmont Healthcare is an American non-profit private operator of health care facilities that was founded in 1983.[2] It is based in Atlanta, Georgia, and, as of March 2022, owns and operates 19 hospitals.[1]
The organization takes its name from its original site: Piedmont Hospital, which was established in 1905 and is now called Piedmont Atlanta. The remaining hospitals also use the Piedmont designation and include among others: Piedmont Augusta Hospital, Piedmont Augusta Hospital Summerville Campus and Piedmont McDuffie Hospital.[3]Piedmont Healthcare
Piedmont Healthcare serves the state of Georgia. As of 2021, they claimed to serve 70% of its population.[4][non-primary source needed]
In May 2021, Piedmont Healthcare announced the acquisition of four hospitals from HCA Healthcare for about $950 million, which included Eastside Medical Center in Snellville; Coliseum Medical Centers and Coliseum Northside, both in Macon; and Cartersville Medical Center in Cartersville.[5][non-primary source needed][6][non-primary source needed]
A few days later, they announced a partnership over ten years with University Hospital in Augusta, Georgia.[7][non-primary source needed][8][non-primary source needed] In March 2022, they announced that agreement led to the acquisition of University Hospitals giving them control over three more hospitals in Georgia.[1][3]
The rapid acquisition of seven hospitals by Piedmont Healthcare in Georgia prompted the National Nurses United, the largest organization of registered nurses in the United States, to file a complaint with the Federal Trade Commission in 2021. They alleged the consolidations would give Piedmont close to a monopoly in the area.[9][10]
References[edit]
- ↑ 1.0 1.1 1.2 "The Piedmont powerhouse: Health system's expansion reaches Augusta". georgiahealthnews.com. March 2022. Retrieved 1 March 2022.
- ↑ 2.0 2.1 2.2 2.3 "Piedmont Healthcare, Inc". www.dnb.com. Retrieved 1 March 2022.
- ↑ 3.0 3.1 "Piedmont acquires 3-hospital system". beckershospitalreview.com. Retrieved 1 March 2022.
- ↑ "Piedmont Healthcare accelerates hospital buys throughout Georgia". www.healthcaredive.com. Retrieved 27 February 2022.
- ↑ "Piedmont Healthcare acquires four Georgia hospitals from HCA". capitol-beat.org. Retrieved 27 February 2022.
- ↑ "Piedmont Healthcare to acquire Coliseum Hospitals." US Official News, 3 May 2021, p. NA. Gale OneFile: News, http://link.gale.com/apps/doc/A660833694/STND?u=wikipedia&sid=bookmark-STND&xid=548dcd14. Accessed 4 Mar. 2022.
- ↑ "University Hospital enters $1B partnership with Piedmont Healthcare". MSN. Retrieved 27 February 2022.
- ↑ "Piedmont to Take Over Augusta's University Hospital". www.usnews.com. Retrieved 27 February 2022.
- ↑ Hart, Ariel. "Piedmont's planned acquisition of 7 Georgia hospitals raises 'monopoly' concerns". The Atlanta Journal-Constitution. Retrieved 27 February 2022.
- ↑ Hart, Ariel. "Hospital deal raises concerns about overreach: Piedmont defends plan, but nurses fear higher prices, fewer services." Atlanta Journal-Constitution [Atlanta, GA], 26 July 2021, p. A1. Gale General OneFile, http://link.gale.com/apps/doc/A674099740/ITOF?u=wikipedia&sid=bookmark-ITOF&xid=6c3d4266. Accessed 4 Mar. 2022.
External links[edit]
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