Community Health Systems: Difference between revisions
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{{Infobox Company |
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| name = Community Health Systems |
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| logo = |
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| type = |
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| genre = |
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| foundation = 1985 |
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| founder = Charles Miller<br />Richard Ragsdale |
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| location_city = [[Franklin, Tennessee]] |
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| location_country = [[United States]] |
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| locations = |
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| area_served = |
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| key_people = Wayne D. Smith (CEO) |
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| industry = Hospital operations |
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| services = |
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| revenue = $3,738,320,000 |
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| operating_income = |
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| net_income = |
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| assets = |
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| equity = |
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| owner = |
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| num_employees = 21,000 |
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| slogan = |
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| homepage = http://www.chs.net/ |
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}} |
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| ⚫ | '''Community Health Systems Inc.''' ({{NYSE|CYH}}) is a [[Fortune 500]] company based in [[Franklin, Tennessee]]. It is the largest non-urban provider of general hospital healthcare services in the United States in terms of number of acute care facilities. As of July 2007, it operates 132 hospitals in 28 states and one in Ireland.<ref>{{cite news |title=CHS closes Triad purchase |url=http://nashville.bizjournals.com/nashville/stories/2007/07/23/daily17.html |work=Nashville Business Journal |date=2007-07-25 }}</ref> |
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Source: [http://www.chs.net/1024/index.htm] |
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==History== |
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Charles Miller and Richard Ragsdale, former executives at [[Hospital Corporation of America]] spinoff Republic Health Corporation, formed Community Health Systems in 1985.<ref>{{cite news |title=BUSINESS PEOPLE; 3 Hospital Bidders Facing Skepticism |url=http://query.nytimes.com/gst/fullpage.html?res=9B0DE3D71F31F930A25757C0A961948260 |work=New York Times |date=1987-04-13 }}</ref> |
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The company made its initial public offering in 1991. In 1996, the company was purchased by private equity firm [[Forstmann Little & Company]].<ref>{{cite news |first=Milt |last=Freundheim |title=Forstmann to Acquire Community Health for $1.1 Billion |url=http://query.nytimes.com/gst/fullpage.html?res=9A06E3DE1739F932A25755C0A960958260 |work=New York Times |date=1006-06-11 }}</ref> Community Health Systems [[Initial public offering|went public]] again in 2000.<ref>{{cite news |title=Stock Offerings Are Set |url=http://query.nytimes.com/gst/fullpage.html?res=9C01EFD61F3CF936A35755C0A9669C8B63 |work=New York Times |date=2000-06-05 }}</ref> |
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==References== |
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{{reflist}} |
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==External links== |
==External links== |
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[http://www.chs.net/ |
*[http://www.chs.net/ Community Health Systems] |
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*[http://money.cnn.com/magazines/fortune/fortune500/2007/snapshots/1755.html Fortune 500 2007: Community Health Systems] |
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[[Category:Companies based in Tennessee]] |
[[Category:Companies based in Tennessee]] |
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[[Category:Hospital networks]] |
[[Category:Hospital networks]] |
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{{US-company-stub}} |
{{US-company-stub}} |
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Revision as of 22:18, 14 December 2007
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| Industry | Hospital operations |
|---|---|
| Founded | 1985 |
| Founder | Charles Miller Richard Ragsdale |
| Headquarters | , |
Key people | Wayne D. Smith (CEO) |
| Revenue | $3,738,320,000 |
Number of employees | 21,000 |
| Website | http://www.chs.net/ |
Community Health Systems Inc. (NYSE: CYH) is a Fortune 500 company based in Franklin, Tennessee. It is the largest non-urban provider of general hospital healthcare services in the United States in terms of number of acute care facilities. As of July 2007, it operates 132 hospitals in 28 states and one in Ireland.[1]
History
Charles Miller and Richard Ragsdale, former executives at Hospital Corporation of America spinoff Republic Health Corporation, formed Community Health Systems in 1985.[2]
The company made its initial public offering in 1991. In 1996, the company was purchased by private equity firm Forstmann Little & Company.[3] Community Health Systems went public again in 2000.[4]
References
- ^ "CHS closes Triad purchase". Nashville Business Journal. 2007-07-25.
- ^ "BUSINESS PEOPLE; 3 Hospital Bidders Facing Skepticism". New York Times. 1987-04-13.
- ^ Freundheim, Milt (1006-06-11). "Forstmann to Acquire Community Health for $1.1 Billion". New York Times.
{{cite news}}: Check date values in:|date=(help) - ^ "Stock Offerings Are Set". New York Times. 2000-06-05.
External links
- Community Health Systems
- Fortune 500 2007: Community Health Systems
- News stories on Community Health Systems from NashvillePost.com
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