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Community Health Systems (CHS) is a for-profit healthcare company that operates hospitals in the US. It was the largest provider of general hospital services until 2014, when it sold most of its facilities to Quorum Health Corporation.
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.
A 125-bed general hospital in Alaska, owned by Community Health Systems. It serves the Matanuska-Susitna Borough and some northern Anchorage communities, and opened in 2006.
Over the past 12 months, Community Health Systems generated $511.3 million cash while it booked net income of $265.6 million. That means it turned 3.9% of its revenue into FCF. That sounds OK.
Margins matter. The more Community Health Systems (NYS: CYH) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
A for-profit hospital in Port Charlotte, Florida, owned by Community Health Systems. Formerly known as Bayfront Health Port Charlotte, it opened in 1962 as Saint Joseph's Hospital and has 254 beds.
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UPHS is a multi-hospital health system and part of Penn Medicine, a clinical and research entity of the University of Pennsylvania. It includes the Hospital of the University of Pennsylvania, the first hospital in the US, and six other hospitals in Pennsylvania and New Jersey.