CHS inks deal for Florida hospital

Franklin company had committed to completing HMA agreement
Mar 20, 2014 7:24 AM

First raises in three years for CHS brass

Board also hands out $28M+ worth of incentives for HMA cost savings
Mar 6, 2014 12:31 PM

Where Glenview now stands with CHS

Days after Community Health Systems put a bow on its multibillion-dollar acquisition of Health Management Associates, hedge fund manager Larry Robbins has tallied up his holdings in the combined company. Robbins' Glenview Capital Management, which last year played a big role in driving HMA to the auction block, now owns 10.7 percent of CHS, which should make it the company's largest shareholder by a comfortable margin. CHS shares (Ticker: CYH) were up slightly to $40.60 in early Friday trading.

Jan 31, 2014 11:43 AM

CHS completes HMA buyout

Local operations set for jobs boost
Jan 27, 2014 12:16 PM

CHS gets FTC nod for HMA buy

Company has six months to sell two of the 71 hospitals it is taking on
Jan 23, 2014 6:57 AM

CHS again tweaks HMA funding package, getting better rate on bigger term loan

Krista Giovacco at Bloomberg has an update on the state of Community Health Systems' dealings with much of Wall Street as it looks to wrap up its purchase of Health Management Associates. The Franklin-based company is now looking to sign the paper on a new term loan of almost $3 billion — with an interest rate 50 basis points lower than previously expected — and plans to issue less debt than under its previous plan.

Jan 15, 2014 7:06 AM

CHS selling the debt it wants to and then some

Community Health Systems is bringing to market almost $4.6 billion of new senior notes, the proceeds of which will help it buy Health Management Associates. The package is larger and slightly different than the plans CHS executives outlined a few days ago. The debt — some of its secured, some not — will mature in 2021 and 2022.

Jan 10, 2014 8:37 AM

CHS announces executive promotions

Franklin-based company getting first COO tasked with integrating HMA acquisition
Jan 9, 2014 6:50 AM

HMA stockholders approve merger with CHS

Franklin-based hospital company will own 200+ hospitals by month's end
Jan 8, 2014 10:12 AM

CHS preps debt deals ahead of HMA close

Community Health Systems executives are taking another step toward wrapping up their acquisition of Florida-based Health Management Associates by revamping and growing the company's credit facilities. Among the changes are a boost in the main revolver to $1 billion from $750 million, the extension of some term loan maturities to 2021 from 2017 and a new $2.26 billion term loan.

Jan 7, 2014 7:12 AM