Two Hospitals from Community Health Systems, Inc.
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Two Hospitals from Community Health Systems, Inc. - overview
Established
1985
Location
Franklin, TN, US
Primary Industry
Healthcare
About
Two Hospitals from Community Health Systems, Inc. provides essential healthcare services through a network of hospitals and care facilities across the United States, focusing on patient-centric care and diverse health solutions. Two Hospitals operates as part of Community Health Systems, Inc. , which was founded in 1985 in Franklin, US.
The company has undergone strategic changes over the years to enhance its service delivery. Notably, on June 28, 2011, Two Hospitals was acquired by Ardent Health Services, a portfolio company of Welsh, Carson, Anderson & Stowe. The founder of CHS, Sam Moi, has been instrumental in guiding the organization’s growth. Community Health Systems (CHS) offers a comprehensive range of healthcare services designed to meet the diverse needs of patients across the United States.
The core product offerings include a network of 70 affiliated hospitals and over 1,000 other sites of care, which encompass physician practices, urgent care centers, freestanding emergency departments, imaging centers, cancer centers, and ambulatory surgery centers. These facilities provide a continuum of care aimed at improving patient health outcomes and ensuring accessibility to quality healthcare. CHS operates in 35 distinct markets across 14 states, serving a wide customer base that includes patients, healthcare providers, and local communities. By delivering close-to-home care and peace of mind, CHS positions its healthcare services not only as essential resources for individual health needs but also as vital components of the local healthcare landscape from Alaska to Florida and Pennsylvania to Arizona.
The revenue model for Community Health Systems primarily revolves around patient care services provided through its extensive network of healthcare facilities. Transactions occur through direct billing to patients and third-party payers, including insurance companies and government programs, for services rendered. Revenue is generated from a variety of healthcare services, ranging from inpatient hospital stays to outpatient procedures and specialty care. The structure includes fee-for-service arrangements where patients or their insurers are billed for specific services, as well as potential bundled payment models that cover a suite of services related to specific health conditions.
CHS’s affiliated hospitals and care centers form the backbone of these operations, facilitating vital healthcare interactions that contribute to the overall financial ecosystem of the organization. Following the acquisition by Ardent Health Services in June 2011, Two Hospitals plans to enhance its service offerings and expand into new markets. Future strategies may include the launch of innovative healthcare products and services tailored to meet the evolving needs of patients. The organization is assessing opportunities to enter additional states and markets across the U.
S. , aiming to establish a stronger presence by 2025. Recent funding will be utilized to support infrastructure improvements, technology upgrades, and marketing initiatives that align with these expansion plans.
Current Investors
Ardent Health Partners LLC
Primary Industry
Healthcare
Sub Industries
Hospitals
Website
www.chs.net
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Two Hospitals from Community Health Systems, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Two Hospitals from Community Health Systems, Inc. | - |
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