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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.
'The land of the free and the home of the medical bankruptcy': Former US surgeon general slams America's 'broken' health-care system after $5,000 bill for trip to ER due to dehydration
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 ...
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On July 30, 2013, it was announced that Community Health Systems would purchase Health Management Associates for $3.6 billion. On January 15, 2014, the hospital officially changed its name to Bayfront Health Port Charlotte. On January 27, 2014, Community Health Systems acquired Health Management Associates.
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]
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Community Health System, Fresno’s largest health-care provider, says in a video on YouTube that it performs a “diverse set of services for a very diverse community.”. Yet there is an ...