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Piedmont Healthcare

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Piedmont Healthcare
Private
ISIN🆔
IndustryHealth care
Founded 📆1983; 41 years ago (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]
🌐 Websitepiedmont.org
📇 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. 1.0 1.1 1.2 "The Piedmont powerhouse: Health system's expansion reaches Augusta". georgiahealthnews.com. March 2022. Retrieved 1 March 2022.
  2. 2.0 2.1 2.2 2.3 "Piedmont Healthcare, Inc". www.dnb.com. Retrieved 1 March 2022.
  3. 3.0 3.1 "Piedmont acquires 3-hospital system". beckershospitalreview.com. Retrieved 1 March 2022.
  4. "Piedmont Healthcare accelerates hospital buys throughout Georgia". www.healthcaredive.com. Retrieved 27 February 2022.
  5. "Piedmont Healthcare acquires four Georgia hospitals from HCA". capitol-beat.org. Retrieved 27 February 2022.
  6. "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.
  7. "University Hospital enters $1B partnership with Piedmont Healthcare". MSN. Retrieved 27 February 2022.
  8. "Piedmont to Take Over Augusta's University Hospital". www.usnews.com. Retrieved 27 February 2022.
  9. Hart, Ariel. "Piedmont's planned acquisition of 7 Georgia hospitals raises 'monopoly' concerns". The Atlanta Journal-Constitution. Retrieved 27 February 2022.
  10. 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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