M&A Deal Summary

Prime Healthcare Services Acquires Community Health Systems - Gadsden Alabama Hospital

On November 7, 2014, Prime Healthcare Services acquired healthcare services company Community Health Systems - Gadsden Alabama Hospital from CHS

Acquisition Highlights
  • This is Prime Healthcare Services’ 18th transaction in the Healthcare Services sector.
  • This is Prime Healthcare Services’ 18th transaction in the United States.
  • This is Prime Healthcare Services’ 1st transaction in Alabama.

M&A Deal Summary
Date 2014-11-07
Target Community Health Systems - Gadsden Alabama Hospital
Sector Healthcare Services
Buyer(s) Prime Healthcare Services
Sellers(s) CHS
Deal Type Divestiture

Target

Community Health Systems - Gadsden Alabama Hospital

Gadsden, Alabama, United States
Community Health Systems, Inc. - Gadsden Alabama Hospital is a 281-bed Riverview Regional Medical Center and related outpatient services.

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Buyer(S) 1

Buyer

Prime Healthcare Services

Ontario, California, United States
Category Company
Founded 2000
Sector Healthcare Services
DESCRIPTION

Prime Healthcare Services, Inc., together with its subsidiaries, owns and operates acute care hospitals in California, Texas, and Pennsylvania.

DEAL STATS #
Overall 18 of 32
Sector (Healthcare Services) 18 of 32
Type (Divestiture) 9 of 15
State (Alabama) 1 of 2
Country (United States) 18 of 32
Year (2014) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-15 St. Mary s Hospital

Passaic, New Jersey, United States

St. Mary's Hospital is a non-profit community-based tertiary medical center,which serves Passaic, Clifton, Wallington, Carlstadt, Rutherford/East Rutherford, and many other surrounding towns.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-18 Community Health Systems - Mesquite Texas Hospital

Mesquite, Texas, United States

Community Health Systems, Inc. - Mesquite Texas Hospital is a 202-bed Dallas Regional Medical Center in Mesquite, Texas, along with related outpatient services.

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 3 of 16
Sector (Healthcare Services) 3 of 16
Type (Divestiture) 3 of 16
State (Alabama) 1 of 2
Country (United States) 3 of 16
Year (2014) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Gaffney Medical Center

Gaffney, South Carolina, United States

Gaffney Medical Center operates as a hospital.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-18 Community Health Systems - Mesquite Texas Hospital

Mesquite, Texas, United States

Community Health Systems, Inc. - Mesquite Texas Hospital is a 202-bed Dallas Regional Medical Center in Mesquite, Texas, along with related outpatient services.

Sell -
Mergr

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