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One of America's largest hospital chains, Community Health Systems, has been suing patients during (Original Post) Person of Interest May 2021 OP
A must-read. These assholes must be exposed. dalton99a May 2021 #1
Outrageous. K&R for visibility. crickets May 2021 #2
These are profit making centers malaise May 2021 #3
HMA was a horrible for profit healthcare entity. roamer65 May 2021 #4

dalton99a

(81,451 posts)
1. A must-read. These assholes must be exposed.
Mon May 17, 2021, 12:35 PM
May 2021
https://www.chs.net/company-overview/leadership/

https://www.chs.net/serving-communities/locations/#USMap



CHS in 2020 enjoyed its most profitable year in at least a decade, even as it was suing patients during the pandemic. The company made $511 million in net income last year, a big swing after four straight years of annual losses. That strong financial result led to the company's top executives earning millions of dollars worth of bonuses, according to documents it has filed with the Securities and Exchange Commission.

One reason for the success: CHS has been buoyed by taxpayer support. It received $705 million in pandemic-related aid from the federal government's CARES Act and other state and local programs in 2020, not including additional government loans it will have to pay back, according to its 2021 annual report to shareholders.

malaise

(268,930 posts)
3. These are profit making centers
Mon May 17, 2021, 03:48 PM
May 2021

For profit health care - I wish them what they wish others

https://www.stltoday.com/business/local/mo-hospitals-to-change-owners-in-3-9b-deal/article_0afda423-2005-532b-a4ee-3e9e24b737bc.html

Community Health Systems Inc. plans to buy Health Management Associates Inc. for nearly $4 billion in a deal that would make it one of the nation’s largest hospital operators and double its stake in Missouri’s rural hospitals.

The proposed purchase would include newly built Poplar Bluff Regional Medical Center, a key provider of health services to the poor in several rural counties of southeast Missouri.

But the acquisition is still subject to the approval of Health Management Associates’ shareholders and also must pass the antitrust review of the Federal Trade Commission, which has cracked down in recent years on hospital monopolies in smaller communities.

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