CHS sells Arizona hospital

Community Health Systems has sold Payson Regional Medical Center in Arizona to Banner Health.

Terms of the sale of the 44-bed hospital were not disclosed. Banner Health is a Phoenix-based nonprofit health system with 23 hospitals in six states. Following the deal, CHS will continue to operate three hospitals in Arizona.

Shares of CHS (Ticker: CYH) were down Friday afternoon to $58.51. Year to date ,they're up 8.5 percent.

Aug 3, 2015 8:30 AM

Second class action filed against CHS over data breach

Hospital operator charged with breach of contract, negligence
Jul 31, 2015 2:25 PM

LifePoint CEO encourages state leadership on Insure Tennessee

Carpenter: Supreme Court case should 'settle the question' on ACA survival
Jul 31, 2015 2:00 PM

Avondale: Look for LifePoint to beat

Avondale Partners analyst Paula Torch says investors should expect generally good second-quarter numbers from hospital operators in the coming weeks. The recent positive preview from industry leader HCA Holdings was a good tell and should generally translate to other operators. Torch expects LifePoint report earnings per share of $1.01, two cents above analysts’ consensus, on the back of good patient volumes, better cost controls and the upgrading of acquired hospitals. But she’s not as bullish on the prospects of Community Health Systems, which she expects will earn 88 cents per share, a penny less than consensus. But revenues should be strong, she says, helped by easier comparisons to last year’s Q2 and helping to offset spending on doctor recruitment at former HMA hospitals.

Jul 30, 2015 10:49 AM

LifePoint to buy South Carolina hospital

Price not disclosed for 304-bed facility
Jul 29, 2015 2:00 PM

Alabama REIT buying Capella for $900M

Senior execs to continue to manage hospital operations
Jul 27, 2015 3:52 PM

Saint Thomas to buy out Capella from JV

As local system acquires four hospitals, Capella drops Tennessee portfolio
Jul 24, 2015 1:52 PM

Saint Thomas CEO, COO promoted

Schatzlein takes Ascension position; Springer to lead local system
Jul 23, 2015 2:41 PM

ER update continues at Centennial Medical Center

TriStar Centennial Medical Center has secured a permit to rehab emergency room space, according to a Metro Codes Department document.

Nashville-based Batten & Shaw is handling the work, with the permit valued at $1.3 million. The permit follows a similar project, valued at more than $4 million, for work on the ER facility at the HCA Holdings flagship facility. Batten & Shaw handled that effort, too.

See the hospital, located at 2400 Patterson St., here courtesy of Google Maps.

Jul 23, 2015 6:45 AM

LifePoint breaks ground on $18M Gallatin cancer center

New facility will replace oncology services at Sumner Regional Medical Center
Jul 14, 2015 11:00 AM