Vanderbilt University Medical Center acquires remaining 80% interest in Tennova Healthcare-Clarksville
Client(s) Vanderbilt University Medical Center
Jones Day is advising Vanderbilt University Medical Center ("VUMC") in its acquisition of Community Health Systems, Inc.'s 80% interest in Tennova Healthcare-Clarksville and certain ancillary businesses located in Clarksville, Tennessee, for $600 million. VUMC holds a 20% minority interest in the hospital, its freestanding emergency department, and related physician practices. Following the acquisition, VUMC will assume complete ownership of Tennova Healthcare-Clarksville.