Tim L. Hingtgen Promoted to Executive Vice President of Operations
John W. McClellan Promoted to Division President, Division IV
Operations
FRANKLIN, Tenn.--(BUSINESS WIRE)--Apr. 25, 2016--
Community Health Systems, Inc. (NYSE: CYH) announced two executive
promotions today that will become effective May 1, 2016.
Tim L. Hingtgen will be promoted to Executive Vice President of
Operations. Hingtgen joined Community Health Systems in 2008 as a
Vice President of Operations and, in January 2014, was promoted to
President of Division IV Operations. He has more than twenty years of
executive level healthcare management experience. At Community Health
Systems, he has successfully overseen the operations of affiliated
hospitals in Alaska, Arizona, California, Oklahoma, Oregon, Utah,
Washington and Wyoming. Hingtgen has worked with some of the Company’s
most successful affiliated hospitals and also has demonstrated his
ability to help turn around underperforming facilities. He has been
instrumental in developing regional networks and integrated healthcare
systems in highly competitive markets. In his newly created role,
Hingtgen will work directly with the Company’s chief executive, chief
operating and chief financial officers to advance the organization’s
most strategic priorities and to help elevate operational and financial
performance in key markets. Prior to joining Community Health Systems,
Hingtgen served as a chief operating or chief executive officer of
facilities in Arizona, Indiana and Nevada. He holds a master’s degree in
business administration from the University of Nevada, Las Vegas.
John W. McClellan will be appointed President of Division IV
Operations. He will have management responsibility for 31 affiliated
hospitals in New Jersey, Ohio, Oklahoma, and Pennsylvania. McClellan
joined Community Health Systems in 2009 as a Vice President of
Operations. During his tenure, he has worked to successfully acquire and
integrate affiliated hospitals in Indiana and Pennsylvania. He also has
been a leader in the Company’s effort to establish clinically integrated
networks in key markets. McClellan has twenty years of healthcare
management experience. Prior to joining Community Health Systems, he
served as chief executive officer of hospitals in Florida, Missouri and
North Carolina. He holds a master’s degree in healthcare administration
from the University of Kentucky.
Commenting on these executive appointments, Smith said, “We are
fortunate to have a bench of highly accomplished healthcare
professionals who are ready to move to the next level of responsibility.
Tim Hingtgen is a results-driven operator who has capably managed
healthcare systems in diverse and complex markets. As we leverage Tim’s
expertise and experience across our enterprise, I am confident he will
continue to have a positive impact on our overall operations. John
McClellan is a strong and proven hospital executive who has pushed
innovation into our markets while demonstrating the ability to generate
solid operational and financial results. His experience and fresh
perspectives will further complement our management team as we move
forward to achieve our goals.”
Community Health Systems also announced a realignment of its operating
divisions, effective May 1, 2016, reducing the number of divisions from
six to five and reorganizing its portfolio in advance of the planned
spin-off of Quorum Health Corporation. The spin-off is expected to be
completed on April 29, 2016.
About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the largest publicly traded
hospital companies in the United States and a leading operator of
general acute care hospitals in communities across the country. Through
its subsidiaries, the Company currently owns, leases or operates 198
affiliated hospitals in 29 states with an aggregate of approximately
30,000 licensed beds.
The Company has announced plans for a spin-off transaction to create a
new, publicly traded company, Quorum Health Corporation, with 38
affiliated hospitals and related outpatient services in 16 states,
together with Quorum Health Resources, LLC, a subsidiary providing
management advisory and consulting services to non-affiliated hospitals.
The transaction is expected to become effective on April 29, 2016.
The Company’s headquarters are located in Franklin, Tennessee, a suburb
south of Nashville. Shares in Community Health Systems, Inc. are traded
on the New York Stock Exchange under the symbol “CYH.” More information
about the Company can be found on its website at www.chs.net.
Forward-Looking Statements
Statements contained in this news release regarding expected operating
results, acquisition transactions or divestitures and other events are
forward-looking statements that involve risk and uncertainties. Actual
future events or results may differ materially from these statements.
Readers are referred to the documents filed by Community Health Systems,
Inc. with the Securities and Exchange Commission, including the
Company’s annual report on Form 10-K, current reports on Form 8-K and
quarterly reports on Form 10-Q. These filings identify important risk
factors and other uncertainties that could cause actual results to
differ from those contained in the forward-looking statements. The
Company undertakes no obligation to revise or update any forward-looking
statements, or to make any other forward-looking statements, whether as
a result of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160425006386/en/
Source: Community Health Systems, Inc.
Community Health Systems, Inc.
Investor Contact:
W.
Larry Cash, 615-465-7000
President of Financial Services and Chief
Financial Officer
or
Media Contact:
Tomi Galin,
615-628-6607
Senior Vice President of Corporate Communications and
Marketing
