44.73 Down -0.42 -0.93%
COMPANY ADDRESS
COMMUNITY HEALTH S. (NEW)
4000 Meridian Boulevard
Franklin, TN 37067
USA - Map
Phone: +1 615 465-7000
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Community Health Systems Inc
Industry: Medical Care
Employees: 87,000
DESCRIPTION
Community Health Systems Inc was founded in 1986 as a Delaware corporation. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets. The Company generates revenue by providing a broad range of general hospital healthcare services to patients in the communities in which it is located. The Company currently owns and operates 135 hospitals comprised of 131 general acute care hospitals and four stand-alone rehabilitation or psychiatric hospitals. In addition, it owns and operates home care agencies, located in markets where it also operates a hospital, and through its wholly-owned subsidiary, Quorum Health Resources, LLC, or QHR, it provides management and consulting services to non-affiliated general acute care hospitals located throughout the United States. The Company generally targets hospitals in growing, non-urban and selected urban healthcare markets for acquisition because of their favorable demographic and economic trends and competitive conditions. Because non-urban service areas have smaller populations, there are generally fewer hospitals and other healthcare service providers in these communities and generally a lower level of managed care presence in these markets. The Company's Medicare is a federal program that provides medical insurance benefits to persons age 65 and over, some disabled persons, and persons with end-stage renal disease. The Company is subject to various federal, state and local laws and regulations governing the use, discharge and disposal of hazardous materials, including medical waste products.
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Financial data in US dollars | Page generated 9:59 AM ET
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