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Community Health Systems acquires Natchez Regional Medical Center

Franklin, Tenn.-based Community Health Systems has acquired substantially all of 179-bed Natchez (Miss.) Regional Medical Center's assets.

After filing for Chapter 9 bankruptcy earlier this year, Natchez Regional signed a definitive agreement to allow CHS to acquire the medical center's assets for $18 million in July.

A CHS subsidiary owns and operates 101-bed Natchez (Miss.) Community Hospital. CHS has plans to consolidate the two hospitals to create a more efficient delivery system.  

"We see considerable opportunity to support the physicians and employees of these hospitals as they work together to create a sustainable, successful healthcare system," said Wayne T. Smith, chairman and CEO of CHS. "The combination of these facilities ultimately will result in an operationally strong hospital, a more coordinated approach to patient care, and enhanced access to a wide array of quality health services for local residents."

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