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Community Health Systems

Operates 110 hospitals in 28 states.

Headquarters:
4000 Meridian Blvd.
Franklin, TN 37027
Employees: 59,000
CEO: Wayne Smith
Stock Symbol: CYH

Website: http://www.chs.net

Career Site

Community Health Systems is one of the nation's leading operators of general acute-care hospitals. The organization's affiliates own, operate or lease more than 110 hospitals in 28 states with a total of more than 17,000 beds. In more than 65 percent of the markets served, CHS-affiliated hospitals are the sole provider of healthcare services.

In addition, through its QHR subsidiary, the organization provides hospital management, consulting, and advisory services to more than 160 independent community hospitals and health systems throughout the U.S.

In 2007, the company reported record revenues of $7.1 billion and net income of $30.2 million.

History

- Community Health Systems (CHS) was founded in March 1985.
- In 1996, CHS combined its corporate headquarters in Houston, Texas with the company's operations group in Nashville, Tennessee.
- In June 1996, an affiliate of Forstmann Little & Co. acquired the company in a $1.1 billion leveraged buyout.
- In 1997, Wayne T. Smith was recruited as President and Chief Executive Officer.
- The company was again taken public in June 2000 on the New York Stock Exchange (CYH) at a price of $13 per share.
- Today, CHS is headquartered in the Nashville suburb of Franklin, Tennessee.
- July 2007: Completed the acquisition of Triad Hospitals, adding more than 50 hospitals to the organization.

Benefits

- Competitive Compensation
- Generous Vacation and Holiday Plans
- Medical, Dental and Vision Insurance
- Flexible Spending Accounts
- Life Insurance
- 401(k) Plan and Supplemental Savings Plan
- Disability and Critical Illness Insurance

Updated August 15, 2008