Norton Healthcare, Inc. and Lifepoint Hospitals Inc. (NasdaqGS:LPNT) signed a letter of intent to acquire Scott Memorial Hospital, Inc. for $3 million on May 10, 2012. The Board of Directors will lease the Scott Memorial Hospital to Norton Healthcare and Lifepoint Hospitals. According to the lease, LifePoint will become the managing partner and Norton Healthcare will become the clinical partner of Scott Memorial. The transaction is subject to approval from the Board of Directors of Scott Memorial and Scott County Commissioners and County Council. Nicole Cottrill of Seigenthaler Public Relations acted as public relations advisor in the transaction.