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CHS will sell 25 hospitals as annual net loss reaches $1.7 billion

CHS will sell 25 hospitals as annual net loss reaches $1.7 billion

By Dave Barkholz  |  February 20, 2017

With last week's agreement to sell eight hospitals, Community Health Systems now has 25 hospitals under negotiation to sell, CHS said Monday while announcing a $220 million fourth-quarter net loss and $1.7 billion loss for all of 2016.

CHS sells eight hospitals to Steward Health Care

CHS sells eight hospitals to Steward Health Care

By Dave Barkholz  |  February 16, 2017

Community Health Systems has agreed to sell eight hospitals to subsidiaries of Steward Health Care in its single biggest divestiture package to date. Three of the hospitals are in Florida, three in Ohio and two in Pennsylvania.

Two big shareholders unload CHS stock

Two big shareholders unload CHS stock

By Dave Barkholz  |  February 16, 2017

North Tide Capital and Camber Capital Management, each with activist histories, have sold their entire stakes in troubled Community Health Systems. Chinese billionaire Tianqiao Chen remains CHS' largest shareholder with a 13.8% stake.

AHA survey shows variation in hospital expenses

By Rachel Arndt  |  February 16, 2017

New survey data from the American Hospital Association underscore the wide variation in hospital expenses from state to state and between different types of facilities.

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