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Capella has signed a letter of intent with Lourdes and Ascension — Lourdes Health Network’s parent organization — to acquire Pasco, Washington-based Lourdes Health Network. Lourdes has been part of Ascension Health since 2002. Ascension is the biggest nonprofit health system in the U.S. and the largest Catholic health system in the world, with 1,900 hospitals and sites. Capella is a privately-held company that owns and operates 13 acute care and specialty hospital facilities in six states. That includes Capital Medical Center in Olympia, Washington, and Willamette Valley Medical Center in McMinnville, Oregon. No more information will be released until a definitive agreement is in place.

This was reported by the Mid-Columbia Tri-City Herald on July 1, 2015.

Contact Information: Beth B. Wright, Vice President, Corporate Communications, Capella Healthcare, 501 Corporate Centre Drive, Suite 200, Franklin, TN 37067; 615-764-3010; E-mail: Beth.Wright@CapellaHealth.com; Website: www.capellahealth.com

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