Community Psychiatric Clinic Merges with Navos

Two Seattle-based not-for-profits have teamed up to scale up, essentially. Community Psychiatric Clinic (CPC) and Navos, a wholly owned affiliate of MultiCare Health System, announced their merger on June 14. Navos is the public behavioral health provider for more than 40% of all youth served in the King County community behavioral health system, and is the largest […]

Steward Health Buys 8 Community Health Hospitals

Steward Health acquired eight hospitals spread through Florida, Ohio and Pennsylvania from the financially troubled Community Health Systems.

Community Health Systems Starts Divesting Hospitals

It’s no secret that Community Health Systems (NYSE: CYH) has a $15 billion debt load, and that despite its spin-off of Quorum Health Corp. (NYSE: QHC) last April, its financial performance hasn’t improved. During the company’s third-quarter earnings call on November 1, CEO Wayne Smith said the company was in discussions to shed 17 of its […]