|
Community Health Systems
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021. In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new publicly traded company called Quorum Health Corporation. The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or counties with populations of 50,000 or less. In April 2020 Quorum declared bankruptcy and is no longer trading on the NYSE. On October 3, 2016, CHS was removed from the S&P MidCap 400, S&P Midcap 400 and added to the S&P SmallCap 600, S&P Smallcap 600. Under CEO Wayne T. Smith, the company's stock has lost over 76% of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
For-profit Corporation
A for-profit corporation is an organization which aims to earn profit through its operations and is concerned with its own interests, rather than the interests of the public (nonprofit corporation). Structure A for-profit corporation is usually an organization operating in the private sector which sets aims that eventually help the organization itself. This kind of a company makes shares of ownership available to the general public. The purchasers of those shares then become the company's shareholders; shareholders have bought a portion of ownership of the corporation by giving away certain amount of money (differentiating from company to company) or assets of a particular value. Such organizations are usually not aided by the government as they are working for private financial gains, unlike a non-profit organization, which exists to serve a mission. The nature of a for-profit corporation is such that it is required to pay applicable taxes and register with the state. Any donation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Health Management Associates (Florida Company)
Health Management Associates was a for-profit corporation which operated hospitals and other health care facilities in the southern United States. It was headquartered at 5811 Pelican Bay Blvd. in North Naples, Florida. Background Health Management Associates (HMA) was an organization that provided people, processes, capital, and subject matter expertise to hospitals and physician practices per their individual needs or governing requirements. Additional functions that HMA provides to hospitals and provider groups are to invest capital for renewal of hospital facilities, recruiting of physicians to expand community resources or hospital services, and promote the use standardized best practices throughout HMA facilities. In 2010, they purchased the former Wuesthoff Healthcare hospitals, headquartered in Rockledge, Florida for $145 million. Community Health Systems entered into an agreement with HMA in 2013 to purchase HMA for about $3.6 billion in cash and stock. The merger made ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orlando Health
Orlando Health is a private, not-for-profit network of community and specialty hospitals based in Orlando, Florida. Orlando Health is Central Florida’s fourth largest employer with nearly 29,000 employees and more than 4,500 affiliated physicians. History The system was founded in 1918 when the first hospital, Orange General Hospital, was opened. In 1946, the hospital name changed to Orange Memorial Hospital. In 1951, Orange Memorial became approved as a teaching hospital, one of the first in Florida. In 1977, Orange Memorial and Holiday consolidated to form the new Orlando Regional Medical Center, in 1984 the Air Care Team was formed providing scene and interfacility air transport to the Central Florida area, and in 1985 Sand Lake Hospital was built. The Arnold Palmer Hospital for Children & Women opened in 1989 and in 1991 M. D. Anderson Cancer Center Orlando was created. In 1992, ORMC changed its corporate name to Orlando Regional Healthcare System to reflect the growing n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AdventHealth Lake Wales
AdventHealth Lake Wales is a non-profit hospital campus in Lake Wales, Florida, United States owned by AdventHealth. It was purchased from Community Health Systems in May 2019. History 1928–1999 In 1928, June Hobbs and a nurse opened Lake Wales' first hospital; it had nine beds and was in a two-story apartment. About one year later it closed. In 1929, Lake Wales, Highland Park and Mountain Lake raised $80,000 to build a 25- bed hospital. Lake Wales Hospital opened on March 12, 1930. Additional bedrooms were added in 1948 and 1956, increasing the number of beds to 60. In 1965, a new 110-bed hospital was built. Nine years later the third floor opened, increasing the number of beds to 154, and the original hospital became a medical office building. In 1985, construction workers began the construction of the Deeley A. Hunt Building, a 120-bed nursing home attached to the hospital. In 1993, Lake Wales Hospital merged with its nursing home and was renamed Lake Wales Medical Center ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AdventHealth
AdventHealth is a Seventh-day Adventist nonprofit organization headquartered in Altamonte Springs, Florida, that operates facilities in 9 states across the United States. It is the largest not-for-profit Protestant health care provider in the country. In 2021, it was the second largest hospital network in Florida. In February 2023, it was the fifteenth largest in the country. Currently AdventHealth operates 55 hospitals on fifty-three campuses as of May 2025. On January 2, 2019, Adventist Health System Sunbelt Healthcare Corporation, also known as Adventist Health System/Sunbelt Inc. and just Adventist Health System rebranded its facilities under the trade name of AdventHealth. Except for its facilities in Colorado, Illinois and Texas that were part of joint ventures. AdventHealth announced on September 1, 2022, a new test to quickly detect brain-eating amoebas. History Early history On February 15, 1973, Southern Adventist Health and Hospital Systems, Inc. was founded at Fl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AdventHealth Ocala
AdventHealth Ocala is a non-profit hospital campus in Ocala, Florida, United States that is operated by AdventHealth. The medical facility is owned by the Marion County Hospital District. It is a tertiary and primary stroke center that has multiple specialties. The hospital district was largely funded by the US$213 million paid to the district by Community Health Systems in 2014 for the right to operate this facility. CHS sold their lease to Adventist Health System in 2018. History 1898-2015 In 1898, Marion General Hospital was founded. The impetus for building a local hospital was a man being run over by a horse and wagon. The initial location was a three-story building owned by the publisher of the local newspaper, the Star–Banner, which was leased to the new hospital until 1901. The hospital operated in makeshift housing until 1915 when additional land was purchased for the hospital to expand. A three-story hospital building was constructed and was able to treat up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Philadelphia Inquirer
''The Philadelphia Inquirer'', often referred to simply as ''The Inquirer'', is a daily newspaper headquartered in Philadelphia, Pennsylvania. Founded on June 1, 1829, ''The Philadelphia Inquirer'' is the third-longest continuously operating daily newspaper in the United States. The newspaper has the largest circulation of any newspaper in both Pennsylvania and the Delaware Valley metropolitan region, which includes Philadelphia and its surrounding communities in southeastern Pennsylvania, South Jersey, northern Delaware, and the northern Eastern Shore of Maryland. As of 2020, the newspaper has the 17th-largest circulation of any newspaper in the United States As of 2020, ''The Inquirer'' has won 20 Pulitzer Prizes. Several decades after its 1829 founding, ''The Inquirer'' began emerging as one of the nation's major newspapers during the American Civil War. Its circulation dropped after the Civil War's conclusion, but it rose again by the end of the 19th century. Originally sup ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Healthcare Services
Prime Healthcare is a for-profit headquartered in Ontario, California. It was established in 2001 by chairman and CEO Prem Reddy, and operates 51 hospitals in 14 states. History Prime Healthcare Services began in 1985 when Prem Reddy founded Desert Valley Medical Group in Victorville, California. In 1992, Reddy established Primecare Medical Group, and two years after he started building Desert Valley Hospital in Victorville. In 1998, PrimeCare Medical Group and Desert Valley Medical Group were sold to PhyCor, a Tennessee‑based publicly traded company. In 2001, Reddy founded Prime Healthcare Services and reacquired Desert Valley Hospital. Between 2005 and 2012, Prime Healthcare acquired a number of hospitals in California, including Chino Valley Medical Center, Sherman Oaks Hospital, Montclair Hospital Medical Center, and Huntington Beach Hospital. The company also acquired a number of hospitals between 2013 and 2020 in other locations across the United States, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philadelphia Business Journal
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and ''Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''Kan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Jersey
New Jersey is a U.S. state, state located in both the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. Located at the geographic hub of the urban area, heavily urbanized Northeast megalopolis, it is bordered to the northwest, north, and northeast by New York (state), New York State; on its east, southeast, and south by the Atlantic Ocean; on its west by the Delaware River and Pennsylvania; and on its southwest by Delaware Bay and Delaware. At , New Jersey is the List of U.S. states and territories by area, fifth-smallest state in land area. According to a 2024 United States Census Bureau, U.S. Census Bureau estimate, it is the List of U.S. states and territories by population, 11th-most populous state, with over 9.5 million residents, its highest estimated count ever. The state capital is Trenton, New Jersey, Trenton, and the state's most populous city is Newark, New Jersey, Newark. New Jersey is the only U.S. stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Memorial Hospital Of Salem County
The Salem Medical Center is a hospital in Salem County, New Jersey located at the Pointers in Mannington Township. It was founded as the Memorial Hospital of Salem County. History The hospital was founded in 1919, after which it operated as a non-profit. It was founded in downtown Salem and moved to Mannington Township in 1951. It has 126 beds, and in 2017, New Jersey approved a plan to sell it to Prime Healthcare Foundation. The name of the hospital was change to Salem Medical Center in 2019 when it was acquired by Community Healthcare Associates. In 2002, Community Health Systems acquired Memorial Hospital for $34 million. When the purchase occurred, the Salem Health and Wellness Foundation was formed, with the goal over overseeing donations and proceeds acquired by MHSC. This was because the state required the proceeds from the sale to Community Health Systems to be "overseen by a foundation that would pay to enhance medical services in the area." However, 12 years late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
