Ardent’s Deal to Buy Forum Health in Question After CHS Schedules Meeting With the System

Community Health Systems is scheduled to meet today with employee representatives from three-hospital Forum Health, based in Youngstown, Ohio, according to a report by the Nashville Business Journal.

Advertisement

The health system is scheduled to be sold to Nashville, Tenn.-based Ardent Health Services on Aug. 5 for $69.8 million, unless any other bidders come forward. While CHS has not officially filed a proposal to acquire Forum, Ohio Attorney General Richard Cordray said earlier this week that CHS had voiced interest in a deal.

Three-hospital forum filed for bankruptcy in March 2009.

Read the Nashville Business Journal report on Forum Health.

Read more coverage on Forum Health.

– Ardent Health Services to Buy Bankrupt Forum Health for $69.8M
–
Forum Health Hospitals in Ohio File for Bankruptcy

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.