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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]
Amelia Stern, The Enterprise. 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 ...
Community Health System — formerly Community Medical Centers — is a private nonprofit that operates downtown Fresno’s CRMC, Clovis Community Medical Center and several other healthcare sites.
St. Elizabeth's Medical Center in Brighton, MA, once referred to as Steward's flagship hospital. Steward Health Care was founded in 2010, when Caritas Christi Health Care was sold to New York private equity firm Cerberus Capital Management, with Caritas CEO and former Beth Israel Deaconess Medical Center heart surgeon Ralph de la Torre continuing as CEO of the new company.
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.
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.
On July 30, 2013, Community Health Systems agreed to purchase Health Management Associates for $7.6 billion. [11] [12] On January 24, 2014, the Federal Trade Commission approved the merger of Health Management Associates with Community Health Systems. [13] On December 1, 2021, Bayfront Health Brooksville rebranded to Bravera Health Brooksville ...