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Chester Regional Medical Center

er.chesterregional.com

Founded Year

1952

Stage

Acquired | Acquired

About Chester Regional Medical Center

Chester Regional Medical Center is an 82-bed hospital servicing the medical needs of Chester snce 1952.

Headquarters Location

1 Medical Park Drive

Chester, South Carolina, 29706,

United States

(803) 581-3151

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Latest Chester Regional Medical Center News

Community Health : Completes Divestiture of South Carolina Hospitals

Mar 1, 2019

0 Message : *Required fields Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have completed the sale of four South Carolina hospitals – 82-bed Chester Regional Medical Center in Chester, 225-bed Springs Memorial Hospital in Lancaster, 396-bed Carolinas Hospital System in Florence, and 124-bed Carolinas Hospital System – Marion in Mullins – along with related businesses, including physician clinic operations and outpatient services, to the Medical University Hospital Authority in Charleston, S.C. As part of the transaction, Medical University Hospital Authority assumed the long-term lease and operations of Chester Regional Medical Center. The effective date of the transaction is March 1, 2019. The four hospitals are among the additional planned divestitures discussed on the Company’s fourth quarter 2018 earnings call. Kaufman, Hall & Associates, LLC acted as the exclusive financial advisor to the Medical University Hospital Authority on this transaction. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country. The Company, through its subsidiaries, owns, leases or operates 106 affiliated hospitals in 18 states with an aggregate of approximately 17,000 licensed beds. The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” More information about the Company can be found on its website at www.chs.net . Forward-Looking Statements Statements contained in this news release regarding potential transactions, operating results, and other events are forward-looking statements that involve risk and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents filed by Community Health Systems, Inc. with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q. These filings identify important risk factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20190301005421/en/ © Business Wire 2019

Chester Regional Medical Center Frequently Asked Questions (FAQ)

  • When was Chester Regional Medical Center founded?

    Chester Regional Medical Center was founded in 1952.

  • Where is Chester Regional Medical Center's headquarters?

    Chester Regional Medical Center's headquarters is located at 1 Medical Park Drive, Chester.

  • What is Chester Regional Medical Center's latest funding round?

    Chester Regional Medical Center's latest funding round is Acquired.

  • Who are the investors of Chester Regional Medical Center?

    Investors of Chester Regional Medical Center include Medical University of South Carolina.

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