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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. [22] The merger was completed in January 2014 and made Community Health Systems the largest for-profit hospital operator at the time, [23] with 206 hospitals in 29 states. [24]
Fate. Acquired by Community Health Systems. Headquarters. North Naples, Florida. , United States. Health Management Associates was a for-profit corporation which operated hospitals and other health care facilities in the southern United States. It was headquartered at 5811 Pelican Bay Blvd. in North Naples, Florida. [1]
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 ...
Triad Hospitals was a hospital operator based in Plano, Texas. 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 ...
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Mat-Su Regional Medical Center is a 125-bed general hospital in the U.S. state of Alaska. [1] The hospital is owned by Community Health Systems (CHS). [2] Located in the Gateway census-designated place, between Palmer and Wasilla, it is the principal hospital for the Matanuska-Susitna Borough. Owing to its location a short distance from the ...
May 6, 2024 at 3:45 PM. BROCKTON — Steward Health Care, the operator of eight Massachusetts hospitals, filed for Chapter 11 bankruptcy protection early Monday morning, according to a statement ...