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Community Health Systems (CHS) is known for sound management decisions and a leadership team that sets a company standard of excellence. The members of the CHS management team average over 23 years of industry experience each.
CHS affiliated hospitals are divided among management groups each led by a division president and operations team. The division operations teams provide hospital CEOs with guidance, support and expertise in almost every area of hospital management. Conversely, hospital CEOs can give direct input to the corporate office through their division's team. |
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Wayne Smith, Chairman of the Board, President and Chief Executive Officer
 Since Wayne Smith's arrival in 1997, CHS has grown from $742 million in net revenue to over $13 billion in 2010 net revenue. This represents a compound annual growth rate of 24 percent— the strongest record of revenue growth in the industry.
For the last eight years, Mr. Smith has been selected by the readers of Modern Healthcare Magazine as one of the "100 Most Powerful People in Healthcare".
When Mr. Smith was recruited as Community Health Systems, Inc.'s President and CEO, he brought more than 20 years of healthcare industry experience to the company. He was named Chairman of the Board of Community Health Systems, Inc. in February 2001. Prior to joining CHS, Mr. Smith was with Humana, Inc. for 23 years where he held a variety of senior management positions including President and Chief Operating Officer. He also was a member of Humana, Inc.'s Board of Directors from 1993 to mid-1996. He currently serves on the boards of directors of Praxair, Inc., a supplier of industrial gases and coatings and related services and technologies, the Nashville Healthcare Council (2006 & 2007 Chairman) and the Federation of American Hospitals (2003 Chairman). Before joining Humana in 1973, Mr. Smith spent four years as a Captain in the U.S. Army Medical Services Corps. Mr. Smith holds both a bachelor of science and master of science from Auburn University and a master of science in healthcare administration from Trinity University. He studied at the King's Fund College of Hospital Administration in London, England.
Mr. Smith is one of the most tenured executives in the healthcare industry, with decades of experience in both the hospital sector and the managed care sector. His service on other companies’ boards of directors provides him with insights and experiences to support his leadership of CHS and its Board of Directors. He has been honored year after year by investor organizations as being the top CEO in the institutional provider segment of the health care sector.
W. Larry Cash, Executive Vice President and Chief Financial Officer
 Larry Cash was recruited to join CHS in 1997, bringing more than 35 years of healthcare experience to the company. Formerly, Mr. Cash held senior-level financial positions at Columbia/HCA Healthcare Corporation, Humana, Inc. (1973 – 1996) and Price Waterhouse Coopers. He is a member of Community Health Systems, Inc.'s Board of Directors.
For seven consecutive years (2005 through 2011), Mr. Cash has been named as one of America's Best CFOs in the health care facilities sector by Institutional Investor. In 2008, he was named BusinessTN's first ever CFO of the Year. In 2009, he was also named a Health Care Heroes Finance Champion by the Nashville Business Journal and CFO of the Year for large public companies sector.
Mr. Cash currently serves on the board of directors of Cross Country Healthcare, Inc., a provider of nurse and allied staffing services, multi-specialty locum tenens services, clinical trial services and other human capital management services in the healthcare industry, and he serves on its audit (chair) and compensation committees. He is a member of the Nashville Healthcare Council, American Institute of Certified Public Accountants, and Healthcare Financial Management Association.
Mr. Cash is a graduate of the University of Kentucky and is professionally affiliated with the American Institute of Certified Public Accountants, Tennessee Society of Certified Public Accountants, and the Healthcare Financial Management Association.
Mr. Cash is CHS' financial executive and performs a substantial portion of the investor relations function for CHS. His prior managed care experience brings that perspective to the Board's deliberations and evaluation of its business and strategy.
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