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Longtime Community Health Systems division president resigns

By MATT BLOIS A division president at Community Health Systems overseeing operations of hospitals in the Eastern U.S. has resigned. Paul Smith joined CHS in 2008. Before overseeing hospitals in Florida, Georgia, Indiana, Missouri, North Carolina, Virginia and West Virginia as division president Smith was a vice president for that division. He worked at another

By | 2019-05-23T15:59:45+00:00 May 23rd, 2019|Categories: Business, BW-Healthcare|Tags: |Comments Off on Longtime Community Health Systems division president resigns

Community Health System will sell two hospitals in Florida

Community Health Systems sold two hospitals in Florida, including Lake Wales Medical Center in Lake Wales, Florida. // Photo courtesy of Lake Wales Medical Center By MATT BLOIS Community Health Systems will sell two hospitals in Florida. The hospital chain based in Franklin had 195 hospitals at the end of 2015, and now that number

By | 2019-05-23T17:34:30+00:00 May 23rd, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on Community Health System will sell two hospitals in Florida

Community Health Systems will continue to sell hospitals in an effort to become profitable

By MATT BLOIS The Franklin hospital chain Community Health Systems reported a big loss during the first quarter of 2019, but the company plans to keep selling less profitable hospitals in an effort to turn around. Community Health Systems reported a net loss of about $118 million in the first three months of 2019. In

By | 2019-05-01T17:19:29+00:00 May 2nd, 2019|Categories: Business, BW-News|Tags: |Comments Off on Community Health Systems will continue to sell hospitals in an effort to become profitable

Patients at Community Health Systems facilities can now get health records through their iPhones

By MATT BLOIS Patients at Community Health Systems facilities will now be able to access their health records through an application on the iPhone. The iPhone’s default health app allows users to import health data, such as lab results, vaccination histories or allergies, from some medical facilities. Patients select the medical facility where they were

By | 2019-04-19T22:03:54+00:00 April 22nd, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on Patients at Community Health Systems facilities can now get health records through their iPhones

Two Franklin healthcare companies refute claims in whistleblowers lawsuit

By MATT BLOIS Two former employees of Franklin-based Community Health Systems have filed a lawsuit claiming that the company defrauded the government of hundreds of millions of dollars through the Electronic Health Record Incentive Program, which is supposed to incentivize hospitals to improve health care records. In a lawsuit filed in January 2018 at a

By | 2019-03-20T12:16:58+00:00 March 20th, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: , |Comments Off on Two Franklin healthcare companies refute claims in whistleblowers lawsuit

Community Health Systems plans to issue notes to pay off debt

By MATT BLOIS The Franklin based hospital management company Community Health Systems plans to issue secured notes to pay off some of its debt. The company announced in a press release this week that it plans to issue about $1.6 billion in senior secured notes to pay off about $1.6 billion in debt. A secured

By | 2019-03-01T18:36:49+00:00 March 1st, 2019|Categories: Business, BW-Healthcare, BW-News|Tags: |Comments Off on Community Health Systems plans to issue notes to pay off debt

Wall Street analysts expect steady growth in the health care sector; look for local companies to improve

Analysts Ana Gupte, John Ransom, Sarah James and A.J. Rice spoke to a group of about 600 people at a Nashville Health Care Council event at the J.W. Marriott in Nashville on Wednesday. // Photo Matt Blois By MATT BLOIS A group of wall street analysts predicted that the health care sector will continue to grow at a

By | 2019-01-31T15:07:59+00:00 January 31st, 2019|Categories: BW-Healthcare, BW-News|Tags: |Comments Off on Wall Street analysts expect steady growth in the health care sector; look for local companies to improve