Apollo's RegionalCare to merge with Capella and form $1.7B company
March 24, 2016
RegionalCare Hospital Partners, an Apollo portfolio company, has entered a merger agreement with Capella Healthcare whereby Capella would become fully owned by RegionalCare. The combined company, to be named RCCH Health Partners, will have 18 hospital campuses in 12 U.S. states with over 13,000 employees, 2,000 affiliated physicians and $1.7 billion in revenues. The deal is expected to close in 2Q.