December 13, 2017 2:07 PM ET

Healthcare Providers and Services

Company Overview of Hallmark Healthcare Company, LLC

Company Overview

Hallmark Healthcare Company, LLC, a hospital management company, provided a range of healthcare services primarily to patients in non-urban communities, which were located in eight states in the southern United States. Besides, the company managed one acute-care hospital, and also operated nursing home facilities. In addition, Hallmark, through a majority owned subsidiary, managed pain treatment centers in hospitals owned by other companies. Hallmark Healthcare Company, LLC operates as a subsidiary of Community Health Systems, Inc.

3707 FM 1960 West

Suite 500

Houston, TX 77068

United States

Founded in 1981

2,100 Employees

Phone:

713-537-5230

Key Executives for Hallmark Healthcare Company, LLC

Chairman and Chief Executive Officer
Age: 78
President, COO, CFO,Principal Accounting Officer, Secretary and Director
Age: 68
Compensation as of Fiscal Year 2017.

Hallmark Healthcare Company, LLC Key Developments

Hallmark Seeks Another Buyer

Hallmark Healthcare Company, LLC is seeking other buyers. Hallmark is now looking for another partner after controversy stalled its proposed acquisition by Partners HealthCare System, Inc. for nearly two years. Hallmark said it has ended an exclusivity agreement to be acquired by Partners. It won’t exclude Partners from being a potential partner, but the Board of Trustees will begin conversations with other providers. “We will open ourselves for conversations with other health care providers, because we choose to no longer wait on the uncertainty of an unknown regulatory response to delay the overall affiliation process,” said Alan Macdonald, President and Chief Executive Officer of Hallmark, in a memo to employees. Macdonald said Hallmark has hired Kaufman Hall and Associates to broker conversations with potential buyers.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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