Becker's Healthcare May 18, 2018
Four of the largest for-profit hospital operators have each entered into several transactions this year. Some of the companies are selling off facilities to strengthen their hospital portfolios, while others are exploring ways to expand their reach.
Here’s a breakdown of the transactions the for-profit hospital companies have entered into so far this year.
Community Health Systems
After selling off 30 hospitals in 2017, Franklin, Tenn.-based Community Health Systems announced late last year it intends to sell a group of hospitals with combined revenue of $2 billion. During the first four months of 2018, CHS sold one hospital and signed definitive agreements to sell six others.
CHS signed a definitive agreement in late January to sell Tennova Healthcare-Jamestown (Tenn.) to...
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