FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary has acquired substantially all of the assets of Marion Regional Healthcare System located in Marion, South Carolina. The system includes Marion Regional Hospital, a 124-bed, full service acute care hospital, Mullins Nursing Center, a 92-bed skilled nursing facility, and other ancillary services. Marion Regional Hospital becomes the sixth Community Health Systems, Inc. affiliated acute care hospital in South Carolina. It is located approximately 20 miles east of Carolinas Health System, an affiliated 420-bed tertiary hospital in Florence, South Carolina.
“We are pleased to expand our presence in South Carolina and look forward to opportunities for Marion Regional Hospital and our other affiliated hospitals in South Carolina to work collaboratively as they advance healthcare for their respective communities,” said Wayne T. Smith, chairman, president and chief executive officer of Community Health Systems, Inc. “We also look forward to working with the hospital’s medical staff and employees as we build upon their commitment to provide quality health services for the residents of Marion County.”
Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country. Through its subsidiaries, the Company currently owns, leases or operates 123 hospitals in 29 states with an aggregate of approximately 18,000 licensed beds. Its hospitals offer a broad range of inpatient and surgical services, outpatient treatment and skilled nursing care. In addition, through its QHR subsidiary, the Company provides management and consulting services to approximately 150 independent non-affiliated general acute care hospitals located throughout the United States. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.”
Statements contained in this news release are forward-looking statements that involve risks and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents filed by Community Health Systems, Inc. with the Securities and Exchange Commission, specifically the most recent filings which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including execution of our growth, acquisition, and business strategies. These and other applicable risks are summarized under the caption "risk factors" in the Company's Securities and Exchange Commission filings.
CONTACT:
Community Health Systems, Inc.
Investor Contact:
W. Larry Cash, 615-465-7000
Executive Vice President and Chief Financial Officer
or
Media Contact:
Tomi Galin, 615-628-6607
Vice President
Corporate Communications
KEYWORDS: United States North America South Carolina Tennessee
INDUSTRY KEYWORDS: Health Hospitals
MEDIA:
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