July 28, 2017 12:13 PM ET

Healthcare Providers and Services

Company Overview of CHS/Community Health Systems, Inc.

Company Overview

CHS/Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in non-urban and urban markets in the United States. The company provides a range of general and specialized hospital healthcare services and other outpatient services to patients. Its services include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services. The company also provides additional outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. The company is headquartered ...

4000 Meridian Boulevard

Franklin, TN 37067

United States



Key Executives for CHS/Community Health Systems, Inc.

Chairman & Chief Executive Officer
Age: 71
President, COO & Director
Age: 49
Executive VP & CFO
President of Division II Operations
Age: 58
President of Clinical Operations & Chief Medical Officer
Age: 57
Compensation as of Fiscal Year 2017.

CHS/Community Health Systems, Inc. Key Developments

CHS/Community Health Systems, Inc. Announces Pricing of Upsized Tack-On Offering of $900,000,000 of 6.250% Senior Secured Notes Due 2023

Community Health Systems, Inc. announced that its wholly owned subsidiary CHS/Community Health Systems, Inc. has priced a tack-on offering of $900,000,000 aggregate principal amount of its 6.250% Senior Secured Notes due 2023 at an issue price of 101.75% of their aggregate principal amount plus accrued interest from March 16, 2017. The size of the offering was increased by $200,000,000 aggregate principal amount subsequent to the initial announcement of the offering. The sale of the Additional Notes is expected to be consummated on or about May 12, 2017, subject to customary closing conditions. The offering is being made by means of an underwritten public offering pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission. The company intends to use the net proceeds of the offering to prepay and extinguish the company's Term A Facility, to pay related fees and expenses and for general corporate purposes, which may include the repayment of secured debt.

CHS/Community Health Systems, Inc., Q1 2017 Earnings Call, May 02, 2017

CHS/Community Health Systems, Inc., Q1 2017 Earnings Call, May 02, 2017

CHS/Community Health Systems, Inc. Announces Completion of Tender Offer for 5.125% Senior Secured Notes Due 2018

Community Health Systems, Inc. announced the completion of the previously announced cash tender offer by its subsidiary, CHS/Community Health Systems, Inc., for any and all of the Issuer’s outstanding 5.125% Senior Secured Notes due 2018 (the “2018 Notes”). The tender offer expired at 11:59 p.m., New York City time, on March 29, 2017. As previously announced, as of the early tender deadline of 5:00 p.m., New York City time, on March 15, 2017 (the “Early Tender Deadline”), $469,480,000 in aggregate principal amount, or approximately 67.07%, of the outstanding 2018 Notes had been validly tendered and not withdrawn. All 2018 Notes validly tendered and not withdrawn by the Early Tender Deadline were accepted for purchase by the Issuer. Payment for the 2018 Notes accepted for purchase on the Early Tender Deadline was made on March 16, 2017. No holders tendered 2018 Notes after the Early Tender Deadline.

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