Community Health Systems to Buy Health Management Associates
by July 30, 2013 2:16 pm 72 views
Community Health Systems Inc, the nation’s second-largest hospital chain, has agreed to buy Health Management Associates in a deal worth $3.9 billion.
HMA of Naples, Fla., has a portfolio that includes 71 hospitals in 15 states, including Sparks Health System in Fort Smith and Summit Medical Center in Van Buren.
When the deal is finalized, Community Health will operate about 206 hospitals in 29 states with more than 31,000 beds after the deal closes.
CHS, headquartered in Franklin, Tenn., operates eight hospitals in Arkansas including the Northwest Medical Center in Bentonville and the new Siloam Springs Regional Hospital.
It also operates Northwest Medical Center in Springdale and Willow Creek Women’s Hospital in Johnson.