Friday, December 20, 2013

Community Health Systems: The Nation’s Leading Operator of Acute Care Hospitals

There are about 135 hospitals in 29 states that Community Health Systems operate. In total, they have more than 20,000 licensed beds making them one of the nation’s leading operators of acute care hospitals. The company keeps their headquarters in Franklin, Tennessee.

Based on number of acute care facilities, Community Health Systems is considered the largest non-urban provider of general hospital healthcare services in the country. It started divesting its interest in a facility in Ireland after they acquired Triad, Inc. It was in 1985 that the business was started by CEOs E. Thomas Chaney, Charles Miller and Richard Ragsdale. These three gentlemen led two healthcare institutions before coming together to form their own venture. In 1996, the business was purchased by private equity firm Forstmann Little & Company taking them out in public. In 2000 the business went public again through the New York Stock Exchange.


Community Health Systems has Trinity Medical Center as its largest hospital based on number of beds. The corporation is part of the Fortune 500 listing.

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