SKOKIE, Ill. – June 1, 2018 – Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have completed the sale of three Tennessee hospitals – 225-bed Tennova-Dyersburg Regional in Dyersburg, 150-bed Tennova-Regional Jackson in Jackson, and 100-bed Tennova Volunteer Martin in Martin – and their associated assets to West Tennessee Healthcare.
Kaufman Hall acted as the exclusive strategic and financial advisor to West Tennessee Healthcare on this transaction.
To learn more about how Kaufman Hall is assisting healthcare organizations with mergers, acquisitions, and other strategic partnerships, contact David Cohen at 224.724.3404.
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Kaufman Hall provides management consulting and software to help organizations realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods into their strategic planning and financial management processes, and quantify the financial impact of their plans and strategic decisions to consistently achieve their goals.
Kaufman Hall services use a rigorous, disciplined, and structured approach that is based on the principles of corporate finance. The breadth and integration of Kaufman Hall advisory services are unparalleled, encompassing strategy; financial and capital planning; cost transformation; treasury and capital markets management; and mergers, acquisitions, partnerships, and joint ventures.
Kaufman Hall software includes the Axiom Healthcare Suite, providing sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for long-range planning, budgeting and forecasting, performance reporting, capital planning, and cost accounting deliver decision support, reporting, and analytics within an integrated software platform. Kaufman Hall's Peak Software empowers healthcare organizations with clinical benchmarks, data, and analytics to provide a higher quality of care for optimized performance and improved patient outcomes.