Community Health Systems | Nashville Public Radio

Community Health Systems

courtesy TNECD

The biggest investor in a Franklin-based hospital chain is giving a much-needed vote of confidence in a company thought to be on the verge of collapse.

courtesy TNECD

The troubled Franklin-based Community Health Systems — briefly the country's largest for-profit hospital chain — is still selling off facilities to pay down debt. And investors are pressing to know when the company will stop playing defense.

Chas Sisk / WPLN (File photo)

Community Health Systems is in the process of unloading 30 hospitals and discussed plans Wednesday for another round of sell-offs. The announcement comes as the Franklin-based company is trying to climb out from under a mountain of debt.

Blake Farmer / WPLN

Nurses and doctors who work for two Franklin-based hospital chains say the companies' financial uncertainty is becoming evident on the frontlines of patient care. Several nurses spoke at the annual shareholders meetings of Community Health Systems and its recent spinoff, Quorum. Both were held Tuesday morning at the Cool Springs Marriott.