|Exchange:||New York Stock Exchange|
|Stock:||Community Health Systems Inc|
|Community Health Systems Inc. was incorporated in 1996 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 primarily 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 133 hospitals comprised of 129 general acute care hospitals and four stand-alone rehabilitation or psychiatric hospitals. In addition, it owns and operates home care agencies, located primarily 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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