Community Health Systems Announces That President and Chief Operating Officer David L. Miller Will Retire at the End of the Y...
April 22 2016 - 6:07PM
Business Wire
Community Health Systems, Inc. (NYSE: CYH) has announced that
David L. Miller, President and Chief Operating Officer, will retire
at the end of the year. Miller is the Company’s first ever Chief
Operating Officer and has served in this position since January of
2014.
Miller oversees the Company’s six operating divisions, which
currently include 198 affiliated hospitals in 29 states and a broad
range of outpatient services. He also manages enterprise-level
strategic growth initiatives during a transformational period in
the Company’s history. Miller was instrumental in the acquisitions
of Triad Hospitals in 2007 and Health Management Associates, Inc.
in 2014. He has been a driving force behind the organization’s
shift to operate in larger, more competitive markets and to build
regional healthcare networks.
Commenting on the announcement, Wayne T. Smith, chairman and
chief executive officer of Community Health Systems, Inc., said,
“Through two decades of leadership, David Miller’s service has been
characterized by the pursuit of quality in all things – as a
champion for clinical excellence, an astute and disciplined
operator, and a trusted leader and mentor for hospital and
corporate executives. He has contributed mightily to the growth of
Community Health Systems over these 20 years with many of our most
notable accomplishments directly attributable to his leadership.
David has made a positive and indelible mark on our organization,
for which I am personally and forever grateful.”
Miller is a 19-year veteran of Community Health Systems and has
over 40 years of executive healthcare management experience. He
joined Community Health Systems in 1997 as a vice president of
operations and was subsequently promoted to senior vice president
of group operations and then to division president before being
named president and chief operating officer. Prior to joining
Community Health Systems, Miller worked for two different publicly
traded healthcare management companies. He received his bachelor’s
degree from Virginia Military Institute and a master’s degree in
business administration from the Darden School at the University of
Virginia. Miller currently serves as a member of the Virginia
Military Institute Board of Visitors. He is also a Fellow in the
American College of Healthcare Executives.
Forward-Looking Statements
Statements contained in this news release regarding expected
operating results, acquisition transactions or divestitures and
other events are forward-looking statements that involve risk and
uncertainties. Actual future events or results may differ
materially from these statements. Readers are referred to the
documents filed by Community Health Systems, Inc. with
the Securities and Exchange Commission, including the
Company’s annual report on Form 10-K, current reports on Form 8-K
and quarterly reports on Form 10-Q. These filings identify
important risk factors and other uncertainties that could cause
actual results to differ from those contained in the
forward-looking statements. The Company undertakes no obligation to
revise or update any forward-looking statements, or to make any
other forward-looking statements, whether as a result of new
information, future events or otherwise.
About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the largest
publicly traded hospital companies in the United
States and a leading operator of general acute care hospitals
in communities across the country. Through its subsidiaries, the
Company currently owns, leases or operates 198 affiliated hospitals
in 29 states with an aggregate of approximately 30,000 licensed
beds.
The Company has announced plans for a spin-off transaction to
create a new, publicly traded company, Quorum Health
Corporation, with 38 affiliated hospitals and related outpatient
services in 16 states, together with Quorum Health Resources,
LLC, a subsidiary providing management advisory and consulting
services to non-affiliated hospitals. The transaction is expected
to become effective on April 29, 2016.
The Company’s headquarters are located in Franklin,
Tennessee, a suburb south of Nashville. Shares
in Community Health Systems, Inc. are traded on
the New York Stock Exchange under the symbol “CYH.” More
information about the Company can be found on its website
at www.chs.net.
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version on businesswire.com: http://www.businesswire.com/news/home/20160422006107/en/
Community Health Systems, Inc.Investor Contact:W. Larry Cash,
615-465-7000President of Financial Services and Chief Financial
OfficerorMedia Contact:Tomi Galin, 615-628-6607Senior Vice
President of Corporate Communications and Marketing
Community Health Systems (NYSE:CYH)
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