CHS sell Arkansas hospitals to Freeman Health System for $112M, expanding Freeman's footprint into Arkansas with four new facilities.
A subsidiary of Community Health Systems, Inc., signed a definitive agreement with Freeman Health System to sell most assets of four hospitals in NWA.
The health system has sold 35% of its hospitals since 2019, but will selectively target deals aimed at further deleveraging going forward.
CHS is using ERP to protect margins, achieving $50 million in savings through Oracle cloud rollout and AI-driven efficiency ...
Community Health Systems’ operational revenue fell during the second quarter due to softer-than-expected volumes, the for-profit operator said Wednesday. As a result of the lower volumes, the ...
Executives on an earnings call said CHS would be less “programmatic” about divestitures moving forward. The hospital operator has divested 35% of its hospital portfolio since 2019.