Community Health Systems is one of the nation’s leading operators of general acute care hospitals. The organization’s affiliates own, operate or lease 84 hospitals in 16 states with approximately 13,000 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. Based on the unique needs of each community served, these hospitals offer a wide range of diagnostic, medical and surgical services in inpatient and outpatient settings.
As one of the largest hospital organizations in the nation, our size provides an advantageous economy of scale and critical resources to help local hospitals identify and act on opportunities. As a result, these hospitals have made significant investments in healthcare services, physician recruitment, facility improvements, modern medical technology and, most importantly, an ever-strengthening commitment to clinical excellence.
Acquisitions also have fueled our growth. Dozens of individual community hospitals and small healthcare systems have joined our organization over the past decade. Integration of these facilities, along with the large scale acquisitions of Triad Hospitals, Inc. in 2007 and Health Management Associates, Inc. in 2014, has made us one of the largest publicly traded hospital companies in the nation as measured by number of hospital facilities.
On April 29, 2016, the organization formed a new, independent, publicly traded hospital company by spinning off a group of 38 hospitals and Quorum Health Resources, LLC, a leading hospital management and consulting firm. That new company is Quorum Health Corporation, which is also headquartered in Middle Tennessee.
Community Health Systems, Inc. is headquartered in Franklin, Tennessee, and our common stock trades on the New York Stock Exchange under the symbol CYH.