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On August 4, 2014, Community Health Systems paid $95.14 million to the United States Department of Justice to resolve multiple lawsuits "alleging that the company knowingly billed government health care programs for inpatient services that should have been billed as outpatient or observation services". [26]
The deal with Trinity Health fell through in late December, and on Friday, Madera Community Hospitalfiled for Chapter 11 bankruptcy. CHS didn’t respond last week to questions for this story....
Without a potential buyer stepping up, the financially troubled Madera Community Hospital filed for bankruptcy Friday.. The 106-bed hospital closed in late December, laying off more than 700 ...
Community Health Systems entered into an agreement with HMA in 2013 to purchase HMA for about $3.6 billion in cash and stock. [3] The merger made Community Health Systems the largest for-profit hospital operator (ranked by the number of hospitals) in the United States. [4]
In June 2011 West Penn Allegheny Health System and Highmarkannounced an agreement for a "capital partnership" in which Highmark would invest up to $475 million in the West Penn system, including $50 million to rescue the Bloomfield hospital "from what could have been imminent closure."
CRAIG KOHLRUSS/Fresno Bee file. Fresno area hospitals are bracing for more setbacks to the Central Valley’s medical system after California officially ended its COVID-19 declaration of emergency ...
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