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Article: Community Health Systems, Inc. Announces the Acquisition of the Outstanding Joint Venture Interest in Its Birmingham, Alabama Facility.
- Article from:
- Business Wire
- Article date:
- June 30, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FRANKLIN, Tenn. -- Community Health Systems, Inc. (NYSE: CYH) today announced that a subsidiary has acquired from Baptist Health Systems, Inc. of Birmingham, Alabama, that entity's 35% interest in Affinity Health Systems, LLC, which indirectly owns and operates Trinity Medical Center of Birmingham. The 560-bed hospital has been operated in a joint venture between a Community Health Systems, Inc. affiliate, as the 65% owner, and Baptist Health System, Inc. since the fall of 2005. This transaction closed effective June 30, 2008.
Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in ...
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Article: Community Health Systems, Inc. Announces ...
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...BRENTWOOD, Tenn. -- Community Health Systems, Inc. (NYSE:CYH) today announced ... president and chief executive officer of Community Health Systems, stated, "Community Health Systems' operating strategy and focus on ...
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