Community Health Systems, Inc. owns, operates or leases 198 general acute care hospitals in 29 different states, together comprising 30,000 licensed hospital beds, 22,000 physicians and 135,000 employees, as of 2015. The company's hospitals offer a range of diagnostic, medical and surgical services in both inpatient and outpatient settings tailored to each location's community and needs. The company also has a subsidiary, Quorum Health Resources, Inc., which provides management and consulting services to approximately 150 independent hospital clients.
Community Health Systems, Inc has massively expanded its reach, doubling in size with the 2007 acquisition of Triad Hospitals, Inc, and then grew substantially again by acquiring Health Management Associates, Inc in 2014. These mergers made the company the largest hospital system by number of hospitals traded on the New York Stock Exchange, where its symbol is CYH. Most of the company's hospitals are located in the Southeastern portion of the United States, but the company also has hospitals in California, New Jersey, Alaska, Nevada and Oregon. The company is headquartered in Franklin, Tennessee.
This growth has allowed the company to take advantage of the economy of scale in identifying opportunities for each individual facility to grow and improve. As a result, member hospitals have been able to make significant investments in health care services, physician recruitment, facility improvements and medical technology.