Community Health Systems Posts First Quarter Gains

Franklin-based Community Health Systems posted an 8 percent jump in income for the first quarter, compared to the same period last year.

The hospital chain saw a nearly 5 percent uptick in the number of patients treated at its facilities, thanks in part to having added two new locations and recruiting more doctors throughout the system.

CEO Wayne Smith says plans are underway to add several more hospitals in the coming months.

“We’re too large now for three or four acquisitions to move the needle, but incrementally it’s very helpful and it’s helping us in terms of filling out networks and expanding our level of services in markets as we prepare for the future.”

Community Health Systems is currently the nation’s largest publicly-traded hospital chain. The company operates 122 facilities in 29 states.

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