M&A Deal Summary |
|
|---|---|
| Date | 2017-03-14 |
| Target | Community Health Systems - Four Pennsylvania Hospitals |
| Sector | Healthcare Services |
| Buyer(s) | PinnacleHealth System |
| Sellers(s) | CHS |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Healthcare Services |
| Employees | 6,000 |
PinnacleHealth System, Inc. is a provider of inpatient and outpatient healthcare services in central Pennsylvania since 1873. The 627-bed system has three acute care hospitals (Community General Osteopathic, Harrisburg and West Shore Hospitals) on four campuses (Community, Harrisburg, Polyclinic and West Shore) serving a five-county service area and supporting rural hospitals through affiliations and telehealth services. The system has approximately 6,000 employees and more than 1,250 physicians and allied health professionals.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Healthcare Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2017) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1985 |
| Sector | Healthcare Services |
| Employees | 51,000 |
| Revenue | 12.2B USD (2022) |
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.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 16 |
| Sector (Healthcare Services) | 10 of 16 |
| Type (Divestiture) | 10 of 16 |
| State (Pennsylvania) | 1 of 1 |
| Country (United States) | 10 of 16 |
| Year (2017) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-16 |
Community Health Systems - Eight Hospitals
United States Community Health Systems, Inc. - Eight Hospitals is a provider of healthcare services in US. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-01 |
Community Health Systems - Lake Charles Louisiana Hospital
Lake Charles, Louisiana, United States Community Health Systems - Lake Charles Louisiana Hospital comprises 8-bed Lake Area Medical Center in Lake Charles, Louisiana. |
Sell | - |
