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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2018
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

z

 

 

 

 

 

 

 

 



 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date



 

 

 

 

 

 

 

 

2018 Divestitures:

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Sparks Regional Medical Center

 

Baptist Health

 

Fort Smith, AR

 

492

 

November 1, 2018

Sparks Medical Center - Van Buren

 

Baptist Health

 

Van Buren, AR

 

103

 

November 1, 2018

AllianceHealth Deaconess

 

INTEGRIS Health

 

Oklahoma City, OK

 

238

 

October 1, 2018



 

 

 

 

 

Licensed

 

 

Hospital

 

Buyer

 

City, State

 

Beds

 

Effective Date

Munroe Regional Medical Center

 

Adventist Health System

 

Ocala, FL

 

425

 

August 1, 2018

Tennova Healthcare - Dyersburg Regional

 

West Tennessee Healthcare

 

Dyersburg, TN

 

225

 

June 1, 2018

Tennova Healthcare - Regional Jackson

 

West Tennessee Healthcare

 

Jackson, TN

 

150

 

June 1, 2018

Tennova Healthcare - Volunteer Martin

 

West Tennessee Healthcare

 

Martin, TN

 

100

 

June 1, 2018

Williamson Memorial Hospital

 

Mingo Health Partners, LLC

 

Williamson, WV

 

76

 

June 1, 2018

Byrd Regional Hospital

 

Allegiance Health Management

 

Leesville, LA

 

60

 

June 1, 2018

Tennova Healthcare - Jamestown

 

Rennova Health, Inc.

 

Jamestown, TN

 

85

 

June 1, 2018

Bayfront Health Dade City

 

Adventist Health System

 

Dade City, FL

 

120

 

April 1, 2018

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



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

* 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

Net operating revenues

$

79 

 

$

99 

Loss from operations of entities sold or held for sale

 

 

 

 

 

before income taxes

 

(10)

 

 

(11)

Impairment of hospitals sold or held for sale

 

(8)

 

 

(12)

Loss on sale, net

 

(1)

 

 

 -

Loss from discontinued operations, before taxes

 

(19)

 

 

(23)

Income tax benefit

 

(7)

 

 

(8)

Loss from discontinued operations, net of taxes

$

(12)

 

$

(15)



Schedule of Balance Sheet Items Classified as Held for Sale



 

 

 

 

 

 



 

December 31,



 

2018

 

2017

Other current assets

 

$

21 

 

$

Other assets, net

 

 

154 

 

 

12 

Accrued liabilities

 

 

44 

 

 



 

 

 

 

 

 



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



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Year Ended December 31,



2018

 

2017

 

2016



 

 

 

 

 

 

 

 

Loss from operations before income taxes

$

(488)

 

$

(701)

 

$

(492)

Less: Loss attributable to noncontrolling interests

 

 -

 

 

(2)

 

 

 -

Loss from operations before income taxes attributable

 

 

 

 

 

 

 

 

to Community Health Systems, Inc. stockholders

$

(488)

 

$

(699)

 

$

(492)