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In 2013, Community Health Systems entered into an agreement with Health Management Associates to purchase HMA for about $3.6 billion in cash and stock. [22] The merger was completed in January 2014 and made Community Health Systems the largest for-profit hospital operator at the time, [23] with 206 hospitals in 29 states. [24]
Spun off from Hospital Corporation of America in 1999, it acquired Quorum Health Group in 2000 to become the third-largest investor-owned hospital group. [1] [2] It was merged into Community Health Systems in 2007. In February 2007 it received a merger/buyout offer from Goldman Sachs Capital Partners and CCMP Capital.
On July 30, it was announced that Community Health Systems would purchase Health Management Associates for $3.6 billion. [9] On January 15, 2014, the hospital officially changed its name to Bayfront Health Port Charlotte. [10] [11] On January 27, Community Health Systems acquired Health Management Associates. [12] [13]
Community Health Systems to Acquire Health Management Associates Combines Highly Complementary Hospital Portfolios to Expand Geographic Breadth and Increase Benefits from Health Care Reform ...
Community Health Systems and Health Management Associates have entered into a definitive merger agreement in which Community Health will acquire Health Management for approximately $7.6 billion ...
Margins matter. The more Community Health Systems (NYS: CYH) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to ...
Abrazo Community Health Network (Abrazo Health) is one of the largest health care delivery system in Arizona, United States. [1] Abrazo Community Health Network is located in Phoenix, Arizona and was established in 2003. The Abrazo system comprises five acute care hospitals including one cardiovascular-specialty hospital.
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