Community Health Systems’ Northwest Healthcare to Acquire 10 Carbon Health Urgent Care Centers in Arizona
Summary
FRANKLIN, Tenn.--(BUSINESS WIRE)--Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE: CYH), has signed an agreement to acquire 10 Arizona urgent care centers from Carbon Health. This strategic acquisition will expand capacity and increase Northwest Healthcare’s network to more than 80 sites of care when the transaction is completed in the fourth quarter of this year. “Our strategic investments are accelerating the growth of important access points in our health systems and expanding capacity for more patients,” said Tim L. Hingtgen, chief executive officer of Community Health Systems, Inc. “In markets like Tucson, we are successfully executing strategies that make healthcare accessible and convenient, further improve our competitive position, and generate value for all of our stakeholders.” Over the past five years, Northwest Healthcare has invested approximately $200 million in strategic growth and capital projects throughout the Greater Tucson Metro area, including two new hospitals – Northwest Medical Center Sahuarita and Northwest Medical Center Houghton. “We are grateful for the skills and compassion of our Northwest Healthcare physicians, nurses and other team members who deliver safe, quality care for patients,” added Hingtgen. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville.