CHS finalizes deal for Mississippi hospital

Facility filed for bankruptcy in March
Jul 14, 2014 6:59 AM

CHS has LOI to buy Mississippi hospital

Community Health Systems executives have signed a letter of intent to acquire the 179-bed Natchez Regional Medical Center in southwestern Mississippi, which is located just half a mile down the street from the company's 101-bed Natchez Community Hospital. The hospital's managers hope to put the agreement before the county-owned hospital's trustees soon. Following approval by that group, other interested bidders will have a chance to beat CHS' offer via an auction.

CHS, which runs 12 hospitals in Mississippi, has a history with Natchez Regional. The company's Quorum Health Resources management arm ran the hospital for more than a decade but was sued for $46 million in 2009 after the facility had to file for bankruptcy.

Apr 29, 2014 9:49 AM

Judge: Quorum must face all charges in $46M suit

A Mississippi District Court judge has rejected motions by attorneys for Quorum Health Resources, the management subsidiary of Community Health Systems, to dismiss eight of the nine fraud and breach of contract charges filed by a hospital it ran for 16 years. Officials at Natchez Regional Medical Center last December accused Quorum of hiding the true financial state of their facility, which had to file for bankruptcy protection, and asked for $46 million in damages.
Aug 24, 2010 12:02 PM

Mississippi hospital sues QHR for $46M

Former client says QHR's fraud, negligence led to hospital's bankruptcy
Dec 10, 2009 2:32 PM

Essent kills Mississippi deal

The local hospital company has pulled out of talks to buy the bankrupt Natchez Regional Medical Center in Southwest Mississippi. The acquisition would have given Essent its sixth hospital.
Mar 12, 2009 11:03 AM

Report: Essent to buy Miss. hospital

After a quiet 2008 following the late '07 exit of its CEO, local hospital operator Essent Healthcare is said to be mulling the purchase of a Southwest Mississippi hospital that has filed for bankruptcy protection.
Feb 20, 2009 8:16 AM