4:17pm

Fri November 18, 2011
The Commonwealth

Baptist Healthcare Acquires Madisonville Facility

Trover Health System has started exclusive negotiations to become part of the Baptist Healthcare System. The board of directors met Wednesday and authorized Trover to enter into nonbinding letter of intent negotiations with the Louisville-headquartered organization. Baptist’s proposal is to acquire all of Trover’s assets and liabilities — essentially buying the Madisonville-based facility. Baptist Healthcare was selected over finalists LifePoint Hospitals Inc. of Brentwood, Tenn., and Owensboro Medical System after a long vetting process.