LifePoint Hospitals, Inc.

Brentwood, TN United States

  (NASDAQ: LPNT)

Company Description

LifePoint Hospitals hopes that folks who get sick in the country won't head to the city to get well. The company, a spinoff of hospital giant HCA, operates more than 50 hospitals located in non-urban areas. In most cases, the hospitals (which house more 5,900 beds combined) are the only available acute care facilities in the region. LifePoint's hospitals are located in 17 states, with the heaviest concentrations in Kentucky, New Mexico, Tennessee, Virginia, and West Virginia. The company participates (and owns a 4% stake) in the HealthTrust Purchasing Group, a group purchasing organization that negotiates competitive contracts on medical supplies and equipment.