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Investor-Owned Hospitals

CHS rejects $2.4 billion buyout of its Fort Wayne hospitals

Community Health Systems has rejected a $2.4 billion buyout offer for its eight Fort Wayne, Ind., hospitals, saying Monday the proposal by physicians and private-equity players came in at least $1 billion lower than what it was worth.

Would CHS sell its 'crown jewel' hospitals in Fort Wayne?

Would CHS sell its 'crown jewel' hospitals in Fort Wayne?

The face of Community Health Systems would change dramatically if the hospital giant accepted a physician-led buyout offer for its eight hospitals in Fort Wayne, Ind. The eight hospitals that make up the Lutheran Health Network generate 15% to 20% of CHS earnings.

Hospital stocks rise despite ACA repeal bill

Last week's passage of the American Health Care Act by the U.S. House of Representatives has done nothing to spook those investing in hospital stocks. The four largest investor-owned hospital companies are all slightly up since the Obamacare repeal bill was passed.

Ardent, KU Health join forces to buy St. Francis Health in Topeka

The University of Kansas Health System and for-profit Ardent Health Services are creating a joint venture company to purchase 378-bed St. Francis Health in Topeka, Kansas. The deal is the sixth such joint venture that Ardent has announced with a not-for-profit academic medical center.

CHS sells eight hospitals to Steward Health Care

CHS sells eight hospitals to Steward Health Care

Community Health Systems has agreed to sell eight hospitals to subsidiaries of Steward Health Care in its single biggest divestiture package to date. Three of the hospitals are in Florida, three in Ohio and two in Pennsylvania.

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