 |
In today's challenging environment of lowered reimbursements and narrowing margins, many independent hospitals find it beneficial to align themselves with CHS in order to improve operating efficiencies, achieve economies of scale and increase access to capital. The overall organization provides the advantages of a national system, with a unique emphasis on local input in the management of high-quality community hospitals.
With a commitment to excellence, the organization enjoys a strong reputation in the healthcare industry. This reputation for excellence also extends into local communities thanks to the dedication of many employees and volunteers working in affiliated hospitals.
In order to better serve customers, these community hospitals continue to evolve with changing market demographics and advances in medical technology. The organization as a whole is a proven industry leader with significant opportunity for continued growth.
|  |
Throughout the years, it has demonstrated an impressive financial performance and has been a top performer among healthcare leaders.
|
|
For more information on affiliating with CHS, please contact Ken Hawkins, Senior Vice President, Acquisitions & Development, at 615-465-7000.
- Since 2001, the consolidated organization's earning per share has grown 26.5% on a compound annual growth rate basis.
- In 2005, CHS experienced over 16% annual revenue growth resulting in record revenues of $3.7 billion, net income from continuing operations in 2005 (an increase of 24.7%).
- Net income for 2005 increased 10.6% to $167.5 million.
|
|
