Shareholders of Franklin-based Community Health Systems accuse the for-profit hospital chain of downplaying its precarious finances and even hiding its troubles through accounting tricks.
Investigation: A Clarksville Hospital Has Sued 750 Patients This Year. Its Co-Owner Didn’t Know Until Now.
Court records compiled by WPLN News show that Clarksville’s sole hospital has sued more than 9,000 patients since for-profit giant Community Health Systems took over in 2010. And 750 of those suits have been filed since bringing on a co-owner, Vanderbilt University Medical Center — which has a policy against suing patients.
Study: Residents Of Southern States Without Medicaid Expansion Have Far More Medical Debt
People who live in the South owe doctors and hospitals more than three times as much as those who live in the Northeast. That’s according to a new study that looked at unpaid medical debts in collections for the last decade and found that medical debt started shrinking after the implementation of Obamacare, as more people were covered by insurance.
Investigation: Former Lebanon Hospital Owner Has Sued Hundreds Of Patients During The Pandemic
A WPLN News investigation finds the Tennova Lebanon hospital sued more than 1,000 patients over the past two years after striking a deal to be sold. And hundreds of those suits — in Wilson, Davidson and Rutherford counties — were filed during the pandemic.
Longtime CHS Chief Stepping Down After Years Of Struggle To Turn Around Hospital Chain
Wayne Smith has led the hospital chain Community Health Systems for 23 years. It briefly ran even more hospitals than HCA. But in recent years, the company has been forced to sell off dozens of them.
Troubled Tennessee Hospital Chain Says It’s On The Way Out Of Rural Areas
Listen In a pitch to leery investors, Cool Springs-based Community Health Systems says the company has urbanized. The company has been selling off or closing poorly performing rural hospitals for the last several years.
Struggling Franklin-Based CHS Shows A Few Signs Of Stabilization
Listen Community Health Systems — one of the major employers in Middle Tennessee — did better than analysts expected in the first three months of the year, showing some signs of a turnaround. The Franklin-based hospital chain has struggled to turn a profit while paying down a burdensome debt load, a result primarily of acquiring […]
Beleaguered Franklin-Based Hospital Chain Buoyed By Chinese Investment
The biggest investor in a Franklin-based hospital chain is giving a much-needed vote of confidence in a company thought to be on the verge of collapse.
Investors Want To Know When Franklin-Based Hospital Chain Will Start Making Money Again
The troubled Franklin-based Community Health Systems — briefly the country’s largest for-profit hospital chain — is still selling off facilities to pay down debt. And investors are pressing to know when the company will stop playing defense.
Community Health Systems Says It’s Selling Off Even More Hospitals
Community Health Systems is in the process of unloading 30 hospitals and discussed plans Wednesday for another round of sell-offs. The announcement comes as the Franklin-based company is trying to climb out from under a mountain of debt.
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