M&A Deal Summary

CHRISTUS Health Acquires Community Health Systems - Lake Charles Louisiana Hospital

On May 1, 2017, CHRISTUS Health acquired healthcare services company Community Health Systems - Lake Charles Louisiana Hospital from CHS

Acquisition Highlights
  • This is CHRISTUS Health’s 2nd transaction in the Healthcare Services sector.
  • This is CHRISTUS Health’s 2nd transaction in the United States.
  • This is CHRISTUS Health’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2017-05-01
Target Community Health Systems - Lake Charles Louisiana Hospital
Sector Healthcare Services
Buyer(s) CHRISTUS Health
Sellers(s) CHS
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

CHRISTUS Health

Irving, Texas, United States

Category Company
Founded 1999
Sector Healthcare Services
DESCRIPTION

CHRISTUS Health, a Catholic not-for-profit healthcare system offers healthcare services.


DEAL STATS #
Overall 2 of 2
Sector (Healthcare Services) 2 of 2
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-07 Trinity Mother Frances Hospital and Clinics

Tyler, Texas, United States

Trinity Mother Frances Hospital and Clinics is a health care provider, not-for-profit organization dedicated to creating healthy lives for people and communities. TMFHC was established in 1937 and is headquartered in Tyler, Texas.

Buy -

Seller(S) 1

SELLER

CHS

Franklin, Tennessee, United States

Category Company
Founded 1996
Sector Healthcare Services
Employees48,000
Revenue 12.5B USD (2023)
DESCRIPTION
Community Health Systems' corporate headquarters in Franklin, Tennessee.
Community Health Systems' corporate headquarters in Franklin, Tennessee.

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 1996 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 11 of 16
Sector (Healthcare Services) 11 of 16
Type (Divestiture) 11 of 16
State (Louisiana) 1 of 1
Country (United States) 11 of 16
Year (2017) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-14 Community Health Systems - Four Pennsylvania Hospitals

Pennsylvania, United States

Community Health Systems - Four Pennsylvania Hospitals include 100-bed Memorial Hospital of York in York, 214-bed Lancaster Regional Medical Center in Lancaster, 148-bed Heart of Lancaster Regional Medical Center in Lititz and 165-bed Carlisle Regional Medical Center in Carlisle.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-02 Community Health Systems - Tomball & Jourdanton Hospitals

Texas, United States

Community Health Systems - Tomball & Jourdanton Hospitals included in the transaction are 350-bed Tomball Regional Medical Center in Tomball and 67-bed South Texas Regional Medical Center in Jourdanton.

Sell -