M&A Deal Summary

Curae Health Acquires Community Health Systems - Two Mississippi Hospitals

On May 2, 2017, Curae Health acquired healthcare services company Community Health Systems - Two Mississippi Hospitals from CHS

Acquisition Highlights
  • This is Curae Health’s 1st transaction in the Healthcare Services sector.
  • This is Curae Health’s 1st transaction in the United States.
  • This is Curae Health’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2017-05-02
Target Community Health Systems - Two Mississippi Hospitals
Sector Healthcare Services
Buyer(s) Curae Health
Sellers(s) CHS
Deal Type Divestiture

Target

Community Health Systems - Two Mississippi Hospitals

Mississippi, United States
Community Health Systems - Two Mississippi Hospitals divested are 95-bed Merit Health Gilmore Memorial in Amory and 112-bed Merit Health Batesville in Batesville.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Curae Health

Clinton, Tennessee, United States
Category Company
Sector Healthcare Services
DESCRIPTION

Curae Health, Inc. Own and operate community hospitals and provide high quality care to the communities. Company Seek strategic affiliations to ensure the hospital’s success.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Divestiture) 1 of 1
State (Mississippi) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

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 13 of 16
Sector (Healthcare Services) 13 of 16
Type (Divestiture) 13 of 16
State (Mississippi) 1 of 1
Country (United States) 13 of 16
Year (2017) 5 of 7
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Weatherford Regional Medical Center

Weatherford, Texas, United States

Weatherford Regional Medical Center is a 103-bed, all private room hospital that includes a network of medical clinics serving Parker County. Weatherford Regional Medical Center is based in Weatherford, Texas.

Sell -
Mergr

Product

Company

Legal