FRANKLIN, Tenn.--(BUSINESS WIRE)--Apr. 22, 2016--
Community Health Systems, Inc. (NYSE: CYH) has announced that David L.
Miller, President and Chief Operating Officer, will retire at the end of
the year. Miller is the Company’s first ever Chief Operating Officer and
has served in this position since January of 2014.
Miller oversees the Company’s six operating divisions, which currently
include 198 affiliated hospitals in 29 states and a broad range of
outpatient services. He also manages enterprise-level strategic growth
initiatives during a transformational period in the Company’s history.
Miller was instrumental in the acquisitions of Triad Hospitals in 2007
and Health Management Associates, Inc. in 2014. He has been a driving
force behind the organization’s shift to operate in larger, more
competitive markets and to build regional healthcare networks.
Commenting on the announcement, Wayne T. Smith, chairman and chief
executive officer of Community Health Systems, Inc., said, “Through two
decades of leadership, David Miller’s service has been characterized by
the pursuit of quality in all things – as a champion for clinical
excellence, an astute and disciplined operator, and a trusted leader and
mentor for hospital and corporate executives. He has contributed
mightily to the growth of Community Health Systems over these 20 years
with many of our most notable accomplishments directly attributable to
his leadership. David has made a positive and indelible mark on our
organization, for which I am personally and forever grateful.”
Miller is a 19-year veteran of Community Health Systems and has over 40
years of executive healthcare management experience. He joined Community
Health Systems in 1997 as a vice president of operations and was
subsequently promoted to senior vice president of group operations and
then to division president before being named president and chief
operating officer. Prior to joining Community Health Systems, Miller
worked for two different publicly traded healthcare management
companies. He received his bachelor’s degree from Virginia Military
Institute and a master’s degree in business administration from the
Darden School at the University of Virginia. Miller currently serves as
a member of the Virginia Military Institute Board of Visitors. He is
also a Fellow in the American College of Healthcare Executives.
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.
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160422006107/en/
Source: Community Health Systems, Inc.
Community Health Systems, Inc.
President of Financial Services and Chief
Senior Vice President of Corporate Communications and