Missouri Hospitals To Change Hands In $3.9 Billion Deal

Community Health Systems Inc. plans to buy Health Management Associates Inc. for $3.9 billion, which would make Community Health one of the largest hospital operators in the U.S. and double its stake in rural Missouri hospitals. The deal, which is subject to approval from Health Management shareholders and antitrust regulators, would create a for-profit chain with 206 hospitals in 29 states, making Tennessee-based Community Health the largest hospital operator based on locations.

Community Health currently operates two hospitals in Missouri and nine in Illinois, including a pair in the St. Louis area. Health Management has two Missouri hospitals, including the new Poplar Bluff Regional Medical Center, a key provider of health services to the poor in several rural counties of southeast Missouri.

Read more from the St. Louis Post-Dispatch

Tags:, , , ,

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students

Learn more