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Last €48.43 EUR
Change Today +0.72 / 1.51%
Volume 0.0
CG5 On Other Exchanges
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NASDAQ GM
As of 3:43 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

4000 Meridian Boulevard

Franklin, TN 37067

United States

Phone: 615-465-7000

Fax:

Community Health Systems, Inc. provides a range of general and specialized hospital healthcare services and other outpatient services to patients in the United States. Services The company provides healthcare services through the hospitals that it owns and operates and affiliated businesses in non-urban and selected urban markets throughout the United States. As of December 31, 2014, the company owned or leased 197 hospitals included in continuing operations, including 193 general acute care hospitals and 4 stand-alone rehabilitation or psychiatric hospitals. These hospitals are diversified across 28 states, with an aggregate of 30,137 licensed beds. Services provided through the company’s hospitals and affiliated businesses 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. An integral part of providing these services is the company’s relationship and network of affiliated physicians at its hospitals and affiliated businesses. As of December 31, 2014, the company employed approximately 3,300 physicians and an additional 900 licensed healthcare practitioners. Through its management and operation of these businesses, the company provides standardization and centralization of operations across key business areas; strategic assistance to expand and improve services and facilities; implementation of patient safety and quality of care improvement programs and assistance in the recruitment of additional physicians and licensed healthcare practitioners to the markets in which the company’s hospitals are located. In various markets, the company has partnered with local physicians or not-for-profit providers, or both, in the ownership of its facilities. In addition to its hospitals and related businesses, the company owned and operated 64 licensed home care agencies and 21 licensed hospice agencies as of December 31, 2014, located primarily in markets where the company also operates a hospital. Also, through its wholly-owned subsidiary, Quorum Health Resources, LLC, the company provides management and consulting services to non-affiliated general acute care hospitals located throughout the United States. Acquisitions In 2014, the company completed the acquisition of Health Management Associates, Inc. Business Strategy The major elements of the company’s business strategy are to improve patient safety and quality of care, and improve through selective acquisitions. Government Regulation Majority of the company’s hospitals are accredited by the Joint Commission on Accreditation of Healthcare Organizations. History Community Health Systems, Inc. was founded in 1985.

 

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