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HOLD--Hospital operator LifePoint's quarterly profit more than doubles

Aug 1 - U.S. hospital operator LifePoint Health Inc said its quarterly profit more than doubled due to income tax related gains.

Net income attributable to LifePoint Health rose to $42.5 million, or $1.03 per share, in the second quarter ended June 30, from $16.9 million, or 38 cents per share, a year earlier.

Net income for the quarter ended June 30, 2016, included a non-operating loss of $22 million for debt transaction costs.

Net sales in the reported quarter were mostly flat at $1.59 billion, the company said on Tuesday.

(Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Martina D'Couto)