St. Francis in Talks With Tennessee's Community Health Systems
Friday, April 10th, 2015
St. Francis Hospital said Thursday it has begun “exclusive discussions” with a subsidiary of Franklin, Tenn-based Community Health Systems, with an agreement of some sort between the two expected in the “near future.”
The development, announced late Thursday afternoon by Richard Bradley, chairman of the St. Francis Board of Trustees, could lead to a full or partial acquisition by Community Health Systems or an operating agreement. The Tennessee health-care system is a publicly traded company on the New York Stock Exchange.
