Profile: Community Health Systems Inc (CYH)
6 Dec 2016
Community Health Systems, Inc., incorporated on June 6, 1996, is an operator of general acute care hospitals in communities. The Company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. The Company operates through two segments: hospital operations and home care agencies operations. The hospital operations include its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The home care agencies operations provide in-home outpatient care. The Company's services include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. Through its subsidiaries, the Company owns, leases or operates 160 affiliated hospitals in 22 states with an aggregate of approximately 27,000 licensed beds.
The Company's services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It also provides additional outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. The Company owns or leases approximately 200 hospitals included in continuing operations, consisting of approximately 190 general acute care hospitals and over four rehabilitation or psychiatric hospitals. These hospitals are geographically diversified across over 28 states, with an aggregate of approximately 29,850 licensed beds.
In addition to its hospitals and related businesses, the Company also owns and operates approximately 80 licensed home care agencies and over 20 licensed hospice agencies. The Company, through its subsidiary, Quorum Health Resources, LLC (QHR), provides management and consulting services to non-affiliated general acute care hospitals located throughout the United States.
The Company competes with LifePoint Hospitals, Inc., HCA Holdings, Inc. and Universal Health Services, Inc.
Community Health Systems Inc
4000 Meridian Blvd
FRANKLIN TN 37067-6325
Company Web Links
- BRIEF-Community Health Systems says units amended their existing accounts receivable securitization program
- BRIEF-Community Health Systems to sell Rockwood Health to Multicare Health System for $425 mln
- BRIEF-Appaloosa LP dissolves share stake in Community Health, cuts in GM
- BRIEF-Camber Capital Management LLC reports 5.5 pct passive stake in Community Health Systems
- BRIEF-Community Health Systems announces Q3 results with net operating revenues of $4.380 bln