Community Health explores options, may be forced to sell hospitals

Community Health Systems Inc., a troubled U.S. hospital chain with a market value of about $1.4 billion, said it’s exploring a variety of options, including a sale.

The Franklin, Tenn.-based chain owns or operates 160 hospitals, including four in Missouri: Moberly Regional Medical Center in Moberly, Northeast Regional Medical Center in Kirksville, Poplar Bluff Regional Medical Center in Poplar Bluff, and Twin Rivers Regional Medical Center in Kennett.

The discussions are at a very preliminary stage and there’s no timeline for the review, Wayne Smith, the CEO of Community Health Systems, said Monday in a statement. Community Health said that there is no certainty of a deal and that it won’t make further public comment while the process is underway.

Read more: St. Louis Post-Dispatch, Missourinet

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