The transaction totaled roughly $2.4 million, and Mr. Smith now owns 3.1 million shares of CHS’ stock, according to Tech News Observer. In early May, Mr. Smith purchased nearly 1 million shares of CHS.
Shares of CHS closed Sept. 16 at $3.89, up 5.4 percent from the previous trading day.
More articles on healthcare finance:
Hospital operator closes 2 facilities after leadership exodus
Healthcare consultancy with offices in 10 states files for bankruptcy
Ohio hospital will keep Medicare contract after investigation into patient safety issues
Next Up in Financial Management
-
Two Illinois hospitals that are part of Reno, Nev.-based American Healthcare Systems are on “bypass” status — meaning ambulances are…
-
Becker’s “Ask a Revenue Cycle Leader” series features insights from health system and hospital revenue cycle executives across the country.…
-
CMS awarded $10 billion to all 50 states Nov. 9 for the second year of the Rural Health Transformation Program,…
Join the 500,000+ healthcare executives who start their day with Becker's
Becker's Hospital Review Newsletter is sent Monday–Sunday.