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LPNT - LifePoint Hospitals, Inc.


LPNT Stock Chart

LPNT Profile

LifePoint Hospitals, Inc. logo

LifePoint Hospitals, Inc. (LPNT) is a healthcare services company that operates general acute care hospitals in non-urban markets across the United States. The company was founded in 1997 and is headquartered in Brentwood, Tennessee.

LPNT operates 89 hospitals in 30 states, with approximately 9,000 licensed beds. The company's hospitals offer a range of medical services, including emergency services, surgery, cardiology, oncology, radiology, labor and delivery, and behavioral health. LPNT also operates physician practices in certain markets.

In addition to its hospital operations, LPNT has several joint ventures and partnerships with other healthcare companies. These include joint ventures with Duke University Health System, LifePoint Health Network, and Vanderbilt University Medical Center.

LPNT reported total revenue of $7.3 billion for the fiscal year 2020, an increase of 3.3% compared to the previous year. The company's net income for the year was $178 million.

LPNT has been focused on expanding its hospital network through strategic acquisitions and partnerships. In 2019, the company completed its acquisition of RCCH HealthCare Partners, which added 14 hospitals to its network. LPNT has also entered into partnerships with other healthcare companies, such as Duke University Health System, to expand its services and capabilities.

LPNT's stock is publicly traded on the NASDAQ stock exchange under the ticker symbol LPNT. As of March 11, 2023, the stock was trading at $74.12 per share, with a market capitalization of approximately $3.0 billion. The company has paid dividends on its common stock in the past, but did not declare a dividend in 2020 or



 

 
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