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Community Health Systems selling Louisiana hospital

By Tara Bannow  |  February 14, 2018

CHS will sell a 60-bed hospital, Byrd Regional Hospital in Leesville, La., to Allegiance Health Management. The Franklin-based system expects the deal to close in the first half of 2018.

CHS to sell rural Tenn. hospital to Rennova Health

CHS to sell rural Tenn. hospital to Rennova Health

By Tara Bannow  |  January 31, 2018

Community Health Systems plans to sell its 85-bed hospital in Jamestown, Tenn., to Rennova Health. The deal is part of a broader planned sell-off by CHS as it looks to reduce its debt load.

Record numbers, better credit in 2017 M&A dealmaking

Record numbers, better credit in 2017 M&A dealmaking

By Tara Bannow  |  January 27, 2018

The most mergers ever were recorded in 2017 by financial firm Kaufman Hall, which began tracking deals in 2000. Even with that growth, more financially strong systems are attracting interest in being acquired by a larger or better-positioned system.

Court greenlights CHS lawsuit against former Fort Wayne exec

Court greenlights CHS lawsuit against former Fort Wayne exec

By Shelby Livingston  |  January 26, 2018

A Tennessee judge on Friday declined to dismiss a lawsuit brought by Community Health Systems and its Fort Wayne, Ind., subsidiary Lutheran Health Network against Lutheran's former CEO Brian Bauer.

CHS' largest investor Chen ups his ante

CHS' largest investor Chen ups his ante

By Alex Kacik  |  January 11, 2018

Chinese billionaire Tianqiao Chen has increased his stake in Community Health Systems to 24%, but has not indicated that he or his company, Shanda Group, will take a more active role in the company's turnaround.

J.P. Morgan Healthcare Conference Day 3 Notebook

J.P. Morgan Healthcare Conference Day 3 Notebook

By Tara Bannow  |  January 10, 2018

The J.P. Morgan Healthcare Conference continued in San Francisco on Wednesday as Community Health Systems provided few details on its continuing divestment plans, and Universal Health Systems blamed nurse and psychiatrist shortages for its lagging growth.

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