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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2017
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation



 

 



 

 



2016



 

 

Current assets

$

Property and equipment

 

69 

Goodwill

 

57 

Intangible assets

 

10 

Other long-term assets

 

Liabilities

 

(10)

Noncontrolling interests

 

(28)

Total identifiable net assets

$

108 



 

 



Schedule of Divestitures



 

 

 

 

 

 

 

 



 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date



 

 

 

 

 

 

 

 

2017 Divestitures:

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Highlands Regional Medical Center

 

HCA Holdings, Inc. (HCA)

 

Sebring, FL

 

126

 

November 1, 2017

Merit Health Northwest Mississippi

 

Curae Health, Inc.

 

Clarksdale, MS

 

181

 

November 1, 2017

Weatherford Regional Medical Center

 

HCA

 

Weatherford, TX

 

103

 

October 1, 2017

Brandywine Hospital

 

Reading Health System

 

Coatesville, PA

 

169

 

October 1, 2017

Chestnut Hill Hospital

 

Reading Health System

 

Philadelphia, PA

 

148

 

October 1, 2017

Jennersville Hospital

 

Reading Health System

 

West Grove, PA

 

63

 

October 1, 2017

Phoenixville Hospital

 

Reading Health System

 

Phoenixville, PA

 

151

 

October 1, 2017

Pottstown Memorial Medical Center

 

Reading Health System

 

Pottstown, PA

 

232

 

October 1, 2017

Yakima Regional Medical and Cardiac Center

 

Regional Health

 

Yakima, WA

 

214

 

September 1, 2017

Toppenish Community Hospital

 

Regional Health

 

Toppenish, WA

 

63

 

September 1, 2017

Memorial Hospital of York

 

PinnacleHealth System

 

York, PA

 

100

 

July 1, 2017

Lancaster Regional Medical Center

 

PinnacleHealth System

 

Lancaster, PA

 

214

 

July 1, 2017

Heart of Lancaster Regional Medical Center

 

PinnacleHealth System

 

Lititz, PA

 

148

 

July 1, 2017

Carlisle Regional Medical Center

 

PinnacleHealth System

 

Carlisle, PA

 

165

 

July 1, 2017

Tomball Regional Medical Center

 

HCA

 

Tomball, TX

 

350

 

July 1, 2017

South Texas Regional Medical Center

 

HCA

 

Jourdanton, TX

 

67

 

July 1, 2017

Deaconess Hospital

 

MultiCare Health System

 

Spokane, WA

 

388

 

July 1, 2017

Valley Hospital

 

MultiCare Health System

 

Spokane Valley, WA

 

123

 

July 1, 2017

Lake Area Medical Center

 

CHRISTUS Health

 

Lake Charles, LA

 

88

 

June 30, 2017

Easton Hospital

 

Steward Health, Inc.

 

Easton, PA

 

196

 

May 1, 2017

Sharon Regional Health System

 

Steward Health, Inc.

 

Sharon, PA

 

258

 

May 1, 2017

Northside Medical Center

 

Steward Health, Inc.

 

Youngstown, OH

 

355

 

May 1, 2017

Trumbull Memorial Hospital

 

Steward Health, Inc.

 

Warren, OH

 

311

 

May 1, 2017

Hillside Rehabilitation Hospital

 

Steward Health, Inc.

 

Warren, OH

 

69

 

May 1, 2017

Wuesthoff Health System – Rockledge

 

Steward Health, Inc.

 

Rockledge, FL

 

298

 

May 1, 2017

Wuesthoff Health System – Melbourne

 

Steward Health, Inc.

 

Melbourne, FL

 

119

 

May 1, 2017

Sebastian River Medical Center

 

Steward Health, Inc.

 

Sebastian, FL

 

154

 

May 1, 2017

Stringfellow Memorial Hospital

 

The Health Care Authority

 

Anniston, AL

 

125

 

May 1, 2017



 

of the City of Anniston

 

 

 

 

 

 

Merit Health Gilmore Memorial

 

Curae Health, Inc.

 

Amory, MS

 

95

 

May 1, 2017

Merit Health Batesville

 

Curae Health, Inc.

 

Batesville, MS

 

112

 

May 1, 2017



 

 

 

 

 

 

 

 

2016 Divestitures:

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Alliance Health Blackwell *

 

The Blackwell Hospital Trust Authority

 

Blackwell, OK

 

53

 

September 3, 2016

Lehigh Regional Medical Center

 

Prime Healthcare Services, Inc. (“Prime”)

 

Lehigh Acres, FL

 

88

 

February 1, 2016

Bartow Regional Medical Center

 

BayCare Health Systems, Inc.

 

Bartow, FL

 

72

 

January 1, 2016



 

 

 

 

 

 

 

 

2015 Divestitures:

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Payson Regional Medical Center *

 

Banner Health

 

Payson, AZ

 

44

 

July 31, 2015

Fallbrook Hospital *

 

Fallbrook Healthcare District

 

Fallbrook, CA

 

47

 

June 30, 2015

Chesterfield General Hospital

 

M/C Healthcare, LLC

 

Cheraw, SC

 

59

 

April 1, 2015

Marlboro Park Hospital

 

M/C Healthcare, LLC

 

Bennettsville, SC

 

102

 

April 1, 2015

Dallas Regional Medical Center

 

Prime

 

Mesquite, TX

 

202

 

March 1, 2015

Riverview Regional Medical Center

 

Prime

 

Gadsden, AL

 

281

 

March 1, 2015

Harris Hospital

 

White County Medical Center

 

Newport, AR

 

133

 

February 1, 2015

Carolina Pines Regional Medical Center

 

Capella Healthcare

 

Hartsville, SC

 

116

 

January 1, 2015



 

 

 

 

 

 

 

 

* Divestiture relates to termination of a prior lease for the hospital.



 

 

 

 

 

 

 

 



Schedule of Net Operating Revenues and Loss and Assets and Liabilities Classified as Discontinued Operations



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year Ended December 31,



2017

 

2016

 

2015



 

 

 

 

 

 

 

 

Net operating revenues

$

79 

 

$

99 

 

$

114 

Loss from operations of entities sold or held for sale

 

 

 

 

 

 

 

 

before income taxes

$

(10)

 

$

(11)

 

 

(42)

Impairment of hospitals sold or held for sale

 

(8)

 

 

(12)

 

 

(8)

Loss on sale, net

 

(1)

 

 

 -

 

 

(6)

Loss from discontinued operations, before taxes

 

(19)

 

 

(23)

 

 

(56)

Income tax benefit

 

(7)

 

 

(8)

 

 

(20)

Loss from discontinued operations, net of taxes

$

(12)

 

$

(15)

 

$

(36)



 

 

 

 

 

 

 

 



Schedule of Balance Sheet Items Classified as Held for Sale



 

 



 

 



December 31, 

 

        2017         

 

        2016        

 

Other current assets

$8  $117 

Other assets, net

12  878 

Accrued liabilities

81 



Hospitals in Period [Member]  
Business Acquisition [Line Items]  
Schedule of Operating Results included in Consolidated Statement of Income



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year Ended December 31,



2017

 

2016

 

2015



 

 

 

 

 

 

 

 

(Loss) income from operations before income taxes

$

(544)

 

$

(517)

 

$

27 

Less: Income attributable to noncontrolling interests

 

(1)

 

 

(1)

 

 

(2)

(Loss) income from operations before income taxes attributable

 

 

 

 

 

 

 

 

to Community Health Systems, Inc. stockholders

$

(545)

 

$

(518)

 

$

25