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In 2013, Community Health Systems entered into an agreement with Health Management Associates to purchase HMA for about $3.6 billion in cash and stock. The merger was completed in January 2014 and made Community Health Systems the largest for-profit hospital operator at the time, with 206 hospitals in 29 states.
Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Community Health Systems entered into an agreement with HMA in 2013 to purchase HMA for about $3.6 billion in cash and stock. The merger made Community Health Systems the largest for-profit hospital operator (ranked by the number of hospitals) in the United States.
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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. 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.
HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom.
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