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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