It can combine. same series, category/class of debt, security or pursuant [14], In 2021, LifePoint Health acquired Kindred Health. As a member of Duke LifePoint Healthcare, our regional health system will be supported with more resources than ever before. News Aug 30, 2022. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. LifePoint Health - Wikipedia. Management expects Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoints diversified healthcare delivery network, bolstering expertise, resources and facilities. Companies specializing in music, video and movie production and distribution. Privacy Policy. By clicking I AGREE, you indicate that you understand and intend these terms and conditions to be the legal equivalent of a signed, written contract and equally binding, and that you accept such terms and conditions as a condition of viewing any and all Moodys information that becomes accessible to you (the Information). One Apollo fund buys LifePoint Health from earlier Apollo fund, LifePoint had received $1.64 billion in U.S. pandemic relief. On June 21, 2021, LifePoint announced plans to acquire Kindred LifePoint and Willamette Valley Medical Center spokespeople did not respond to questions from The Lund Report. Average salary for LifePoint Health Chief Medical Officer in Cary: USD 294,259. LifePoint and Kindred expect the transaction to close and ScionHealth to be launched by the end of this year, subject to regulatory approvals and other closing conditions. November 02, 2021 - LifePoint Health and Kindred Healthcare have announced the formation of a new healthcare company operating under the name ScionHealth. rating. Morale significantly decreased. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. If you're passionate . Beyond Healthcare. Victor E. Giovanetti, FACHE (executive vice president, hospital operations) Our Purpose. View contacts for LifePoint Health to access new leads and connect with decision-makers. Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. Conclusion. the company's high financial leverage, with debt to EBITDA of approximately salary increases for nonprofit hospital CEOs outpaced those for surgeons and other health-care workers by 93 . Commitment: it's financial strength and capital investment. You agree to read and be bound by the more detailed disclosures regarding Moodys ratings and the limitations of Moodys liability included in the Information., 6. 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. The affordability of hospitals and the practice of 5. Making communitieshealthier. Tony Abraham LifePoint was among several private equity-backed health-care firms that received government relief last year amid , https://www.bloomberg.com/news/articles/2021-07-29/apollo-books-1-6-billion-gain-selling-hospital-chain-to-itself, Health (6 days ago) WebAbout LifePoint Health. Based on 362 salaries posted anonymously by LifePoint Health Remote Medical Coder employees in Charlotte. Thank you for your interest in sharing Moody's Research. The profitability progress is the general direction of LifePoint Health's change in net profit over the period of time. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Aileen Bennett Lifepoint Behavioral . The average LifePoint Health hourly pay ranges from approximately $19 per hour for a Medical Assistant to $110 per hour for a Director. As a for-profit hospital operator, LifePoint also faces high LifePoint is a health-care provider that operates mostly in rural communities. [9] We, Yahoo, are part of the Yahoo family of brands. [8], In January 2011, the Company formed a joint venture with Duke University Health System (Duke). private ownership of funds affiliated with Apollo Global Management, Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. LifePoint's rating is supported by the company's large scale and good to reimbursement to Medicare or Medicaid directly impacts hospital revenue It was established in 1999 and is headquartered in Brentwood, Tennessee. 6. So, investors can't just sell and buy back Iron Mountain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iron Mountain Incorporated to buy it. BRENTWOOD, Tenn.- ( BUSINESS WIRE )- Lifepoint Health, a diversified healthcare delivery network dedicated to its mission of making communities healthier, today announced that it has acquired four inpatient rehabilitation facilities from Everest Rehabilitation Hospitals, a multispecialty rehabilitation hospital company. Company reviews. , Webinar To the extent permitted by law, Moodys and its directors, officers, employees, representatives, licensors and suppliers disclaim liability for: (i) any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with use of the Information; and (ii) any direct or compensatory damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud or any other type of liability that by law cannot be excluded) on the part of Moodys or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with use of the Information. outpatient centers and post-acute care facilities in non-urban LifePoint Health and Kindred Health closed their transaction Thursday and formed a new . In 2005, Historic LifePoint Hospitals, Inc. merged with Province Healthcare Company to form the new public company, LifePoint Hospitals, Inc.[10], In 2015, LifePoint Hospitals Inc. changed its name to LifePoint Health. The private-equity-backed healthcare operators did not disclose a purchase price. Rating, B1 senior secured rating, and Caa1 senior unsecured 4. LifePoint Health reported Price to Sales Ratio of 0.34 in 2022. balance billing has garnered substantial social and political attention. Apollo Management will result in the deployment of aggressive financial Willamette Valley Medical Center, a small hospital with just 60 beds, has generated big profits for its corporate owners: $94 million in 2014-18, according to filings with the Oregon Health Authority. [16], All the physicians in the company's hospitals are licensed physicians. There was an issue with loading news and activities. Health (6 days ago) LifePoint Health is an American company that provides healthcare services in growing regions, rural communities and small towns. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. office that issued the credit rating is available on www.moodys.com. Posted 5:54:09 PM. Duke LifePoint Healthcare is a joint venture of Duke Health and Lifepoint Health that was established in 2011 to bring high-quality healthcare services to community hospitals in North Carolina and the surrounding region, as well as regional tertiary centers across the nation.. Lifepoint Health joins coalition aimed at combating health misinformation,Nashville, Tenn.-based Lifepoint Health joined an alliance, alongside 49 other organizations, aimed at providing patients with access to evidence-based information. Oregon health agency approves Amazon, One Medical acquisition, moving $3.9B deal one step forward. For provisional ratings, this announcement Tennessee, is an operator of general acute care hospitals, Active, Closed, Whether an Organization is for profit or non-profit, Auto-generated name of transaction (e.g. Get the free daily newsletter read by industry experts. Moving forward. Moodys credit ratings and publications are not intended for retail investors, and it would be reckless and inappropriate for retail investors to use Moodys credit ratings and publications when making an investment decision. Lifepoint Behavioral Health is a business unit of Brentwood, Tennessee-based Lifepoint Health. If the merger had gone through, YRMC would , https://kyma.com/news/2021/12/06/yrmc-no-deal-with-lifepoint-health/, Identity behavioral health services llc, Healthcare solutions for rural communities, Examples of social justice in public health, Gender inequality in healthcare treatment, Complete healthcare resources facilities, Magellan healthcare customer service number, Champva mental health preauthorization form, Professional organizations for healthcare management, Healthcare compliance specialist salary, 2021 health-improve.org. It provides multiple suggestions of what could affect the performance of LifePoint Health over time as well as its relative position and ranking within its peers. Rob Jay (executive vice president, integrated operations), In February 2014, LifePoint Health opened its new hospital support center in Brentwood. ESG considerations are material to the rating of LifePoint. 5.1 times as of March 31, 2021. The deal takes LifePoint Health private, although the combined company will operate . The ratings placed under review for downgrade include the B2 rating and, if applicable, the related rating outlook or rating issued by one of Moody's affiliates outside the UK and is endorsed [4], In December 2013, Portage Health and LifePoint Health reached a joint venture agreement to share ownership and operation of Portage Health, with about $40 million to fund a charitable foundation. The calculation of odds of distress for LifePoint Health stock is tightly coupled with the Probability of Bankruptcy. Prima facie, LifePoint Inc. has attained a rare state of a profitable business model in the healthcare industry with rigorous compliance to the ethical standards and a continuous improvement driven expansion plan. New York, NY 10007 Expertise: it's recruiting and keeping top physicians and new specialists. The 18 facilities LifePoint is divesting to ScionHealth are primarily standalone or independently operating facilities in their regions, such as Palestine Regional Medical Center in Palestine, Texas; St. Joseph Regional Medical Center in Lewiston, Idaho; SageWest Health Care's facilities in Lander and Riverton, Wyoming. LifePoint has maintained good liquidity that It employs 42000 people. The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience. It was established in 1999 and is headquartered in Brentwood, Tennessee. If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. issued on a support provider, this announcement provides certain LifePoint Health displays poor strategic planning in most instances because they are growing so quickly. For-profit hospital system LifePoint Health and rehab and long-term care operator Kindred Healthcare plan to launch a new healthcare company, called ScionHealth, comprised of Kindred's 61 long . View, Operating Margin vs Market Capitalization, Cash Flow from Operations vs Market Capitalization, Shares Outstanding vs Market Capitalization, Current Liabilities vs Market Capitalization, Retained Earnings vs Market Capitalization, Sponsored content. Further, Moody's has very low growth expectations The Tennessee-based health system employs about 50,000 people in 29 states across nearly 70 community hospitals, more than 30 rehabilitation and behavioral health hospitals and over 170 other care sites. [9], In November 2013, fifteen LifePoint Health hospitals were considered Top Performers in Key Quality Measures by The Joint Commission. Please refer to Moody's Policy The purchase price was not disclosed but the private-equity backed companies had about $14 billion in combined revenue in 2017, the most recent public information about their operations before they were taken private.LifePoint to acquire Kindred, adding - Healthcare Divewww.healthcaredive.com/news/lifepoint-to-acquire-kindreWhat happened to LifePoint?LifePoint was one of Middle Tennessees largest publicly traded health care companies until it was sold in 2018 to Apollo Global Management for $5.6 billion.Report: LifePoint Health in talks to buy Ardent Health www.bizjournals.com/nashville/news/2021/02/12/report-liShould LifePoint get government relief?LifePoint was among several private equity-backed health-care firms that received government relief last year amid mounting costs from the pandemic, drawing criticism from lawmakers who said the cash should have come from investors, not taxpayers.Apollo (APO) Books $1.6 Billion Gain Selling Hospital Chain LifePoint www.bloomberg.com/news/articles/2021-07-29/apollo-boFeedbackSee moreSee all on WikipediaLifePoint Health - Wikipediahttps://en.wikipedia.org/wiki/LifePoint_HealthLifePoint Health is an American company that provides healthcare services in growing regions, rural communities and small towns. The terms "hospitals and facilities" refer to entities owned or operated by subsidiaries of Lifepoint Health, Inc. References herein to "Lifepoint employees" or to "our employees" and we or us refer to subsidiaries and, https://lifepointhealth.net/who-we-are/our-company/giving-quality-a-voice/quality-never-stops, Health (Just Now) WebKeep Yuma Regional Medical Center Non-Profit Say NO to the Merger or Joint Venture with Apollo-Owned LifePoint Tell our Hospital District Board to kill this proposed , https://www.change.org/p/yuma-county-hospital-district-no-1-board-keep-our-community-hospital-a-not-for-profit, Health (6 days ago) WebBRENTWOOD, Tenn., March 01, 2023 -- ( BUSINESS WIRE )-- Lifepoint Health , a diversified healthcare delivery network dedicated to its mission of making , https://finance.yahoo.com/news/lifepoint-health-acquires-four-inpatient-160000948.html, Health (7 days ago) WebFor-profit hospital operator LifePoint Health has agreed to acquire rehab and long-term hospital operator Kindred Healthcare. All rights reserved | Email: [emailprotected], Healthcare solutions for rural communities, Examples of social justice in public health, Gender inequality in healthcare treatment, Magellan healthcare customer service number, Champva mental health preauthorization form, Professional organizations for healthcare management. Musk Made a Mess at Twitter. credit rating. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". regulatory disclosures in relation to the credit rating action on the If the correlation is 0, the equities are not correlated; they are entirely random. Sensitivity to Assumptions in the disclosure form. LifePoint faces a moderate level of implementation U.S.A. It was established in 1999 and is headquartered in Brentwood, Tennessee.As of November 16, 2018, it operated 89 hospital campuses in 30 states with more than $6 billion in revenues. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all . Subscribe to Healthcare Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Viz.ai Announces Agreement with Bristol Myers Squibb to Enable Earlier Detection and Managemen, The Reserves Network Names Laura Bowen Chief Operating Officer, RRD Expands Diagnostic Test Kits Solution to Meet Accelerated Demand for At-Home Testing, OmniLife Health Survey Shows Rapid Adoption of Clinical Workflow Automation Among U.S. Healthc, By signing up to receive our newsletter, you agree to our, By As part of the transaction, LifePoint has shifted some of the acquired facilities and some its existing hospitals into a new company called ScionHealth, which appears to also be controlled by Apollo. the company's proposed acquisition of Kindred Healthcare LLC ("Kindred") quarters. Scionhealth will be headquartered in Louisville, and "will consist of 79 hospital campuses in 25 states, including Kindred's 61 long-term acute care . Most of the 18 hospitals that LifePoint is offloading are in the for-profit hospital chain's smaller . Placed on Review for Downgrade, currently B1 (LGD3), .Senior Secured Regular Bond/Debenture, given its large scale, Apollo may take dividends along the way, Alternatively, perfect negative correlation means that if Iron Mountain Incorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. March 1, 2023. . 2023 Moodys Corporation, Moodys Investors Service, Inc., Moodys Analytics, Inc. and/or their licensors and affiliates (collectively, MOODYS). A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. Copyright 2023 Becker's Healthcare. Exceptions to this approach exist for the following disclosures, We prioritize and invest in the staff, technology and infrastructure our physicians, providers, partners and patients need to succeed. "As our teams began to examine how best to bring together the operations of LifePoint and Kindred, it became increasingly clear that we had the right mix of talent, services and assets to reorganize into two strong companies to better serve our patients and communities," David Dill, president and CEO of LifePoint, said in a statement. The release states that LifePoint will invest $1.5 billion over the course of three years into the combined company. There was high staff turnover. LifePoint Health was founded in 1999 on the idea that everyone deserves quality healthcare close to home and that strong healthcare creates strong communities. on Review for Downgrade, currently B2, . Probability of Default Rating, A minimum of 3-5 years experience at the CEO level in a similar sized for-profit, acute-care hospital is required; however, may also consider 3-5 years of COO experience in a larger . Topics covered: interoperability, artificial intelligence, digital health, EHRs, cybersecurity, vendor activity and telehealth. ratings in accordance with Moody's rating practices. Please try again later. New York, NY 10007 Find out more about how we use your personal data in our privacy policy and cookie policy. The terms "hospitals and facilities" refer to entities owned or operated by subsidiaries of Lifepoint Health, Inc. References herein to "Lifepoint employees" or to "our employees" and we or us refer to subsidiaries and employees of subsidiaries of Lifepoint Health, Inc. Lifepoint Health Acquires Four Inpatient Rehabilitation Facilities from Everest Rehabilitation Hospitals, Lifepoint Health and Midi Health Collaborate to Enhance Access to Specialty Care for Women, Lifepoint Health Acquires Majority Ownership Interest in Springstone. authenticate users, apply security measures, and prevent spam and abuse, and, display personalised ads and content based on interest profiles, measure the effectiveness of personalised ads and content, and, develop and improve our products and services. 5. Name of the organization that made the acquisition, Stock ticker symbol (e.g. Joining ScionHealth will allow the facilities more tailored attention and plans for growth, clinician recruitment and service line development, according to a spokesperson. and whose ratings may change as a result of this credit rating action, The board of Watertown Regional Medical Center has signed a definitive agreement to sell 80% of the health system to LifePoint Health, a for-profit hospital chain, for an undisclosed price. We began with a network of 23 hospitals in non-urban markets across the nation united by a singular mission: Making Communities Healthier. LifePoint will merge with locally based RCCH HealthCare Partners, which is owned by Apollo. About Sovah Health - Danville. debt or security this announcement provides certain regulatory disclosures has been helped in part by substantial government aid to hospitals and LLC. It was established in 1999 and is headquartered in Brentwood, Tennessee. With The most important aspect of a successful company is its ability to generate a profit. A spin-off from Hospital Corporation of America (HCA) , the company - then known as LifePoint Hospitals - was created on founding CEO Scott Mercy's belief that everyone deserves quality healthcare close to home and that strong hospitals create strong communities. You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Average salaries for LifePoint Health Clinical Supervisor: $82,706. | noon ET, PE firm Apollo acquired LifePoint in 2018, LifePoint to acquire Kindred, adding long-term and rehab facilities to its footprint, Teladoc's new CMO Vidya Raman-Tangella on the telehealth giant's clinical strategy and new products, CMS proposed payment rule includes major updates for ACOs, Walmart Health plans clinic expansion in 2024, pushing into 2 new states, UnityPoint Health, Presbyterian Healthcare Services ink latest cross-market merger, Oak Street Health posts $510M loss, outlines risks to CVS acquisition, Why regulators didnt challenge Amazon-One Medical deal, despite data concerns, How to Implement a Healthy Content Moderation Strategy, The role of social determinants of health in patient outcomes, How CFOs Can Build and Implement an Agile Growth Strategy, Health Insurers Square Off With Biden Administration Over Medicare Payments, Walgreens wont distribute abortion pills in some states where they remain legal, N. Carolina legislators reach Medicaid expansion deal, The Powerful Link Between Connectivity and MedTech Innovation, Revamp Your Front-End Revenue Cycle Processes for Success, Fighting Security Headwinds to Maintain a Competitive Edge in Healthcare, Contracts covering tens of thousands of unionized HCA workers set to expire soon, Cleveland Clinic posts $1.2B loss in 2022 as expenses rose, Over 1K residents unionize at Montefiore Medical Center, For-profit hospital system LifePoint Health and rehab and long-term care operator Kindred Healthcare plan to launch a new healthcare company, called. Diane Ludwig Centra 434-401-7390, diane.ludwig@centrahealth.com. The correlation of Iron Mountain is a statistical measure of how it moves in relation to other equities. Tax Status. if applicable to jurisdiction: Ancillary Services, Disclosure Jei norite pritaikyti savo pasirinkimus, spustelkite Valdyti privatumo nuostatas. LifePoint assets could go into REIT following merger. When terms such as "LifePoint" or "LifePoint Health" or "we" or "us" are used herein, they refer to LifePoint Health, Inc. and its operating subsidiaries. LifePoint posts , https://www.beckershospitalreview.com/finance/lifepoint-posts-52m-profit-as-it-explores-sale-to-private-equity-firm.html, Health (3 days ago) WebLifepoint Health, Inc. is a holding company whose subsidiaries own and operate hospitals and facilities. The Global Scale Credit Rating on this Credit Rating Announcement was An agreement would have changed YRMC's status as a non-profit hospital. JOURNALISTS: 1 212 553 0376 LifePoint Health salary trends based on salaries posted anonymously by LifePoint Health employees. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iron Mountain moves, either up or down, the other security will move in the same direction. Private equity company Apollo Management group, which owns RCCH Healthcare, ended up paying $65 dollars per share in the buyout. Topics covered: payer-provider partnerships, value-based care efforts, payer market moves and healthcare reform efforts. U.S.A. The services provided by the company's hospitals include inpatient services, like general surgery, emergency room care, radiology, oncology, and pediatric services; and also outpatient services, like same-day surgery, X-ray and respiratory therapy. Corporate Finance Group review. Lifepoint Health, a diversified healthcare delivery network dedicated to making communities healthier, and Midi Health, a virtual clinic making expert care accessible and affordable for women experiencing the hormonal changes of midlife, have announced a new collaboration to improve care for women as they age. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. [15] ScionHealth will consist of 79 hospital campuses in 25 states, including Kindreds 61 long-term acute care hospitals and 18 of LifePoints community hospitals and associated health systems. in LifePoint's leverage and cash flow to be driven by a decline in capital Meanwhile, Benjamin Breier, Kindred's current CEO, will step down from his role as a result of the transaction. Livingston Regional Hospital, a 114-bed acute care hospital in Livingston. Return on Sales is likely to gain to 0.1 in 2023, whereas Sales per Share is likely to drop 116.92 in 2023. 2.CREDIT RATINGS AND MOODYS MATERIALS FOUND ON WWW.MOODYS.COM OR SITES OTHER THAN RATINGS.MOODYS.COM MAY NOT BE DISPLAYED IN REAL TIME. The deal was announced this summer and is valued at approximately $5 . Unless you have entered into an express written contract with www.moodys.com to the contrary and/or agreed to the Terms of Use at www.moodys.com or ratings.moodys.com, you agree that you have no right to use the Information in a commercial or public setting and no right to copy it, save it, print it, sell it, or publish or distribute any portion of it in any form. Service Industry published in October 2016 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1037985. JOURNALISTS: 1 212 553 0376 Please see www.moodys.com for any updates on changes to [3], John P. Bumpus (executive vice president, administration Additionally, hospitals rely on Medicare The Kindred acquisition announced earlier this year would have left LifePoint with some 200 acute, long-term and rehab hospitals, but the private-equity backed companies are electing to spin a number of facilities off into a separate business. We give each of the facilities and providers within our network the resources they need to deliver high quality care and services to their communities and succeed in todays healthcare marketplace. LifePoint Health renamed the company ScionHealth in December 2021. Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. PE HUB Apollo-backed LifePoint Health to acquire behavioral health provider Springstone. ScionHealth will be based in Louisville, Kentucky, will be led by a management team drawing from both LifePoint and Kindred. Private equity firm Apollo Global Managementin late December completed its acquisition of acute care hospital chain Kindred Healthcare and merged it with rural hospital chain LifePoint Health. News Nov 15, 2022. Business Journals Lifepoint Health startup incubator launches six companies in first year. The Global Scale Credit Rating on this Credit Rating Announcement was Topics covered: M&A, health IT, care delivery, healthcare policy & regulation, health insurance, operations and more. LifePoint Health is committed to providing Equal Employment Opportunities for all applicants and employees and complies with all applicable laws prohibiting discrimination against any employee or . and Medicaid for a substantial portion of reimbursement. For ratings am Main 60322, Germany, in accordance with Art.4 paragraph transaction, including capital structure, financial leverage, for securities that derive their credit ratings from the support provider's LifePoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the , https://finance.yahoo.com/news/lifepoint-health-signs-agreement-acquire-130000002.html, Health (1 days ago) WebLifePoint Health insights Based on 127 survey responses What people like Supportive environment Clear sense of purpose Ability to learn new , https://www.indeed.com/cmp/Lifepoint-Health/reviews, Health (9 days ago) WebCompany Type For Profit Phone Number (615)920-7000 LifePoint Health was founded in 1999 on the idea that everyone deserves quality healthcare close to home and that , https://www.crunchbase.com/organization/lifepoint-hospitals, Health (7 days ago) WebBoth LifePoint and Kindred have private equity owners: PE firm Apollo acquired LifePoint in 2018 for $5.6 billion, while a number of PE groups (along with , https://www.healthcaredive.com/news/lifepoint-kindred-spinning-off-79-hospital-entity-acquisition-scionhealth/608932/, Health (Just Now) WebBrentwood, Tenn.-based LifePoint Health saw revenues decline in the second quarter of 2018, but the company ended the period with a profit.