2014-01-27 – CHS Completes HMA Acquisition
Tennessee-based Community Health Systems has completed its $7.6 billion acquisition of Florida-based Health Management Associates Inc., creating by one measure, the largest for-profit hospital company in the country, as reported by The Tennessean.
CHS is now the largest hospital operator in terms of the number of facilities; Nashville-based HCA remains the largest in terms of annual revenue. Through its affiliates, Community Health Systems now owns, leases or operates 206 hospitals in 29 states. The organization’s affiliates employ more than 135,000 people and about 27,000 physicians serve on the medical staffs of CHS-affiliated hospitals.