M&A Deal Summary

CHS Acquires Triad Hospitals

On March 19, 2007, CHS acquired healthcare services company Triad Hospitals for 5.1B USD

Acquisition Highlights
  • This is CHS’s 4th transaction in the Healthcare Services sector.
  • This is CHS’s largest (disclosed) transaction.
  • This is CHS’s 4th transaction in the United States.
  • This is CHS’s 1st transaction in Texas.

M&A Deal Summary

Date 2007-03-19
Target Triad Hospitals
Sector Healthcare Services
Buyer(s) CHS
Deal Type Merger
Deal Value 5.1B USD

Target

Triad Hospitals

Plano, Texas, United States
Triad Hospitals, Inc., through its affiliates, owns and manages hospitals and ambulatory surgery centers in small cities and selected larger urban markets.

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Buyer(S) 1

Buyer

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 4 of 19
Sector (Healthcare Services) 4 of 19
Type (Merger) 1 of 1
State (Texas) 1 of 3
Country (United States) 4 of 19
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Ponca City Medical Center

Ponca City, Oklahoma, United States

Ponca City Medical Center is a community healthcare provider; a 140-bed facility with complete inpatient and outpatient care.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-02 Siloam Springs Memorial Hospital

Siloam Springs, Arkansas, United States

Siloam Springs Memorial Hospital, a 74-bed acute care hospital. Siloam Springs offers a wide range of inpatient and outpatient services.

Buy -