CHS - M&A Summary and Business Overview

Healthcare ServicesCompany

CHS M&A Summary

CHS has acquired 20 companies. A total of 3 acquisitions came from private equity firms. It has also divested 16 assets.

CHS’s largest acquisition to date was in 2007, when it acquired Triad Hospitals for $5.1B. It’s largest disclosed sale occurred in 2016, when it sold Community Health Systems - Home Health and Hospice Unit to Almost Family for $128M. CHS has acquired in 11 different US states. The Company’s most targeted sectors include healthcare services (100%).

CHS Business Overview

Where is CHS headquartered?

CHS is headquartered in Franklin, Tennessee.

What is CHS’s revenue?

CHS disclosed revenue of 12,211M USD for 2022 and 12,368M USD for 2021.

How many employees does CHS have?

CHS has 51,000 employees.

What sector is CHS in?

CHS is a healthcare services company.

When was CHS founded?

CHS was founded in 1985.

M&A Summary

  • M&A Total Activity35
    • M&A Buy Activity19
    • M&A Sell Activity16
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 12
  • M&A Advisors 2

CHS

Community Health Systems, Inc.

4000 Meridian Boulevard,
Franklin, Tennessee 37067
United States,
(615) 465-7000
www.chs.net

CHS is an operator of general acute care hospitals. The organization’s affiliates own, operate or lease 207 hospitals in 29 states with approximately 31,100 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. CHS was incorporated in 1985 and is based in Franklin, Tennessee.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 19 - - - - - 19
vol $5.1B $5.1B
Sell (0.0/yr) # 16 - - - - - 16
vol $128M $128M
  35

Most Recent M&A

Company Date Value Type
Tennova Healthcare 2019-03-29 - Divestiture
Franklin, Tennessee · www.tennova.com
Highlands Regional Medical Center 2017-07-21 - Divestiture
Sebring, Florida · www.highlandsregional.com
Weatherford Regional Medical Center 2017-07-11 - Divestiture
Weatherford, Texas · www.weatherfordregional.com
Community Health Systems, Inc. - Tomball & Jourdanton Hospitals 2017-05-02 - Divestiture
, Texas
Community Health Systems, Inc. - Two Mississippi Hospitals 2017-05-02 - Divestiture
, Mississippi
Community Health Systems, Inc. - Lake Charles Louisiana Hospital 2017-05-01 - Divestiture
Lake Charles, Louisiana
Community Health Systems, Inc. - Four Pennsylvania Hospitals 2017-03-14 - Divestiture
, Pennsylvania
Community Health Systems, Inc. - Eight Hospitals 2017-02-16 - Divestiture
, United States
Community Health Systems, Inc. - Home Health and Hospice Unit 2016-10-17 128M USD Divestiture
, United States
Physicians' Specialty Hospital 2016-04-01 - Stake Purchase
Fayetteville, Arkansas · www.pshfay.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Healthcare Services 19 (100%) 5.1B (100%) 16 (100%) 128M (100%)
Total 19 $5.1B 16 $128M

By Geo

State/Country Buy Value Sell Value
United States 19 5.1B 16 128M
  Texas 3 5.1B 4 -
  Pennsylvania 5 - 1 -
  South Carolina 2 - 2 -
  Arkansas 2 - - -
  Mississippi 1 - 1 -
  Tennessee 1 - 1 -
  Florida - - 2 -
  Alabama - - 2 -
  Oklahoma 1 - - -
  New Mexico 1 - - -
  Michigan 1 - - -
  Indiana 1 - - -
  Illinois 1 - - -
  Louisiana - - 1 -
Total 19 $5.1B 16 $128M

Top M&A Advisors

Financial Deals
BofA Securities
 1
Legal Deals
Kirkland & Ellis
 1

Deal Values

buy # Total
> $1B 1 $5.1B
TOTAL $5.1B
Largest Triad Hospitals, Inc.
$5.1B (2007-03-19)
sell # Total
$100M to $1B 1 $128M
TOTAL $128M
Largest Community Health Systems, Inc. - Home Health and Hospice Unit
$128M (2016-10-17)

M&A Connections

Deals
Acquired from
Investor(s)
11%
2 (11%)
Strategic(s)
11%
2 (11%)
Divested to
Strategic(s)
100%
16 (100%)

Company Summary

SECTOR

Healthcare Services

Revenue

12,211   2% 2022
12,368   5% 2021
11,789   11% 2020
13,210   7% 2019
14,155   8% 2018
15,353   17% 2017
18,438   6% 2016
19,437   5% 2015
18,639   46% 2014
12,819   1% 2013
12,833   2012
(millions of USD) Show More Show Less

Employees

51,000

Established

1985

Public

NYSE: CYH

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Tennessee Companies , Healthcare Services Companies , United States Companies , Tennessee Healthcare Services Companies , Tennessee Healthcare Services with Acquisitions , Tennessee Healthcare Services with Divestitures

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