Wayne Smith news and information

Community Health Systems, Franklin, Tenn., has completed its acquisition of Diagnostic Clinic of Longview (Texas).
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The Federation of American Hospitals elected Wayne Smith, president and CEO of Community Health Systems, Franklin, Tenn., as its new chairman of the board, effective Monday.
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Community Health Systems has completed its acquisition of MetroSouth Medical Center, a suburban Chicago hospital once destined for closure.
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Community Health Systems said it reached a definitive agreement to acquire Memorial Hospital in York, Pa., which would be the hospital chain's 17th hospital in Pennsylvania.
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SCRANTON, Pa.—Community Health Systems has completed its acquisition of substantially all of the assets of Moses Taylor Health Care System, a two-hospital system in northeast Pennsylvania.
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CEOs at publicly traded healthcare providers have a big personal incentive to try to engineer a rebound in their companies' share prices: CEO personal holdings at their respective companies are down more than $180 million in value this year.
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Investor-owned chains have grabbed headlines for their aggressiveness in pursuing hospital acquisitions, but it's not their only growth strategy. Amid lackluster inpatient volume, the chains are looking for growth in outpatient services too.
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The nation's political forces are bitterly divided over issues ranging from raising the country's debt ceiling to the use of energy-efficient light bulbs, so it's no surprise that the government's role in healthcare is also the source of intense debate.
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This year's ranking of the 100 Most Influential People includes 27 newcomers as well as 10 honorees who have been on every list since it started in 2002.
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Most of the investor-owned companies that reported second-quarter earnings last week stayed true to the script: With a weak economy, patients are delaying elective and less-urgent procedures, so the cases that remain have higher acuity. Volume is weak, but the business that remains is more...
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