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Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. [1] It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities.
Spun off from Hospital Corporation of America in 1999, it acquired Quorum Health Group in 2000 to become the third-largest investor-owned hospital group. [1] [2] It was merged into Community Health Systems in 2007. In February 2007 it received a merger/buyout offer from Goldman Sachs Capital Partners and CCMP Capital.
Community Health Systems entered into an agreement with HMA in 2013 to purchase HMA for about $3.6 billion in cash and stock. [3] The merger made Community Health Systems the largest for-profit hospital operator (ranked by the number of hospitals) in the United States. [4]
Community Health Systems and Health Management Associates have entered into a definitive merger agreement in which Community Health will acquire Health Management for approximately $7.6 billion ...
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less ...
The 10-second takeaway For the quarter ended Dec. 31 (Q4), Community Health Systems met expectations on revenues and met expectations on. Community Health Systems (NYS: CYH) reported earnings on ...
Many significant companies are based in Nashville, Tennessee, and its surrounding communities in the Nashville metropolitan area. [1] Five of the companies, HCA Healthcare, Dollar General, Community Health Systems, Delek US Holdings, and Tractor Supply, were members of the Fortune 500 in 2020, ranking 65th, 112th, 241st, 342nd, and 380th respectively.
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