Becker's Healthcare November 15, 2024
Community Health Systems President and CFO Kevin Hammons said the Franklin, Tenn.-based system could be looking at acquisition opportunities in the future as it nears its $1 billion divestiture goal.
Speaking Nov. 12 at the UBS Global Healthcare Conference, Mr. Hammons said the system has a few deals in the works that they expect to announce before the end of the year and close in the first quarter of 2025. Those deals are expected to get the system up to its $1 billion divestiture goal.
“We still have some inbound interest coming in, and we continue to evaluate that is, as our EBITDA improves, as our margin improves, as we continue to give ourselves some runway on our...