Community Health Systems was formed by E. Thomas Chaney, Charles Miller and Richard Ragsdale in 1985.
The company went public in 1991 and was purchased by Forstmann Little & Company in 1996 and taken private again.
Community Health Systems went public again in 2000.
In 2003 the company acquired Southside Regional Medical Center, in 2007 McKenzie-Willamette Hospital, and in 2013 Health Management Associates for $3.6 billion.
Today Community Health Systems owns or leases 200 hospitals in 29 states, mostly in rural areas. These hospitals have a total of 31,000 beds and offer a variety of medical, surgical, and emergency services with a handful of specialty centers.
Community Health Systems trades publicly on the New York Stock Exchange under the symbol CHY, is a member of the S&P 400, is #191 in the Fortune 500, has 69,000 employees, and had $13.92 billion in revenue in 2013.
Community Health SystemsCommunity Health Systems was formed by E. Thomas Chaney, Charles Miller and Richard Ragsdale in 1985.
The company went public in 1991 and was purchased by Forstmann Little & Company in 1996 and taken private again.
Community Health Systems went public again in 2000.
History
In 2003 the company acquired Southside Regional Medical Center, in 2007 McKenzie-Willamette Hospital, and in 2013 Health Management Associates for $3.6 billion.
Today Community Health Systems owns or leases 200 hospitals in 29 states, mostly in rural areas. These hospitals have a total of 31,000 beds and offer a variety of medical, surgical, and emergency services with a handful of specialty centers.
Community Health Systems trades publicly on the New York Stock Exchange under the symbol CHY, is a member of the S&P 400, is #191 in the Fortune 500, has 69,000 employees, and had $13.92 billion in revenue in 2013.