CHS / COMMUNITY HEALTH SYSTEMS, INC. - FORM 8-K
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 9, 2007
CHS/COMMUNITY HEALTH SYSTEMS, INC.
COMMUNITY HEALTH SYSTEMS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
         
Delaware   N/A   76-0137985
         
Delaware   001-15925   13-3893191
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)
4000 Meridian Boulevard
Franklin, Tennessee 37067

(Address of Principal Executive Offices, including Zip Code)
(615) 465-7000
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 8.01. Other Events.
On October 9, 2007, CHS/Community Health Systems, Inc. announced the launch of the exchange offer for its outstanding 8 7/8% Senior Notes due 2015. A copy of the press release making this announcement is attached as Exhibit 99.1
Item 9.01. Financial Statements and Exhibits.
     The following items are included as Exhibits to this report and incorporated herein by reference:
         
Exhibit No.   Description
  99.1    
Press release, dated October 9, 2007, announcing the launch of CHS/Community Health Systems, Inc.’s exchange offer for its outstanding 8 7/8% Senior Notes due 2015.
 

 


 

SIGNATURES
     According to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Date: October 9, 2007
         
  CHS/COMMUNITY HEALTH SYSTEMS, INC.
 
 
  By:   /s/ Wayne T. Smith  
    Name:   Wayne T. Smith   
    Title:   Chairman, President and Chief Executive Officer   
 
         
     
  By:   /s/ W. Larry Cash  
    Name:   W. Larry Cash    
    Title:   Executive Vice President and Chief Financial Officer   
 
         
  COMMUNITY HEALTH SYSTEMS, INC.
 
 
  By:   /s/ Wayne T. Smith  
    Name:   Wayne T. Smith   
    Title:   Chairman, President and Chief Executive Officer   
 
         
     
  By:   /s/ W. Larry Cash  
    Name:   W. Larry Cash    
    Title:   Executive Vice President and Chief Financial Officer   

 

EX-99.1 PRESS RELEASE 10/09/07
 

         
Exhibit 99.1
CHS/Community Health Systems, Inc. Announces Launch of Exchange Offer For Its
8 7/8% Senior Notes due 2015
FRANKLIN, Tenn. October 9, 2007— CHS/Community Health Systems, Inc. (“CHS/CHS”), a direct, wholly owned subsidiary of Community Health Systems, Inc. (NYSE: CYH) today announced the launch of an offer to exchange the 8 7/8% Senior Notes due 2015 (the “Notes”) that it sold on July 25, 2007 for new 8 7/8% Senior Notes due 2015 (the “Exchange Notes”). The exchange offer will expire at 5:00 p.m. (New York time) on November 13, 2007, unless extended. The Exchange Notes are identical in all material respects to the existing Notes, except that the Exchange Notes will be registered with the Securities and Exchange Commission and not subject to the transfer restrictions and registration rights that related to the existing Notes. CHS/CHS sold the existing Notes that are subject to the offer in a private placement to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S.
Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country. Through its subsidiaries, the Company currently owns, leases or operates approximately 130 hospitals in 28 states and one in Ireland, with an aggregate of approximately 19,200 licensed beds. Its hospitals offer a broad range of inpatient medical and surgical services, outpatient treatment and skilled nursing care. In addition, through its QHR subsidiary, the Company provides management and consulting services to independent general acute care hospitals located throughout the United States. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.”
Statements contained in this press release which are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as “expects,” “plans,” “estimates,” “projects,” “intends,” “believes,” “guidance,” and similar expressions that do not relate to historical matters. These forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors which include, but are not limited to, downturns in economic and market conditions, risks related to the completion of pending transactions, and the obtaining of all anticipated debt financing in connection with such transactions, and the integration of Triad with our existing business, increases in interest rates and operating costs, general volatility of the capital markets, our ability to access the capital markets, changes in the competitive environment in our industry and the markets where we invest, and other risk factors discussed in the Company’s Annual Report on Form 10-K, quarterly reports on Form 10-Q and other documents filed by the Company with the Securities and Exchange Commission from time to time, as well as those discussed in the documents filed by Triad with the Securities and Exchange Commission from time to time, including Triad’s most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q . All forward-looking statements in this press release are made as of today, based upon information known to management as of the date hereof, and the Company assumes no obligation to update or revise any of its forward-looking statements even if experience or future changes show that indicated results or events will not be realized.
Investor Contact:   W. Larry Cash
Executive Vice President
and Chief Financial Officer
(615) 465-7000