First Business

September 27, 2013

Aurora partner IASIS could bid on Capella Healthcare: Tribune

Aurora Health Care joint-venture partner IASIS Healthcare is expected to bid on hospital owner Capella Healthcare, which is being shopped for sale by its private-equity owner, the Chicago Tribune reports.

Chicago-based private-equity firm GTCR LLC has hired Bank of America Merrill Lynch to seek a buyer for Capella, the Tribune said, citing anonymous sources. Capella, which has its headquarters in Franklin, Tenn., runs 14 hospitals in rural areas of the United States, including in Arkansas and Tennessee.

GTCRâ;€¦;

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