Community Health Systems Announces Executive Promotions
April 25 2016 - 4:15PM
Business Wire
Tim L. Hingtgen Promoted to Executive Vice
President of Operations
John W. McClellan Promoted to Division
President, Division IV Operations
Community Health Systems, Inc. (NYSE: CYH) announced two
executive promotions today that will become effective May 1,
2016.
Tim L. Hingtgen will be promoted to Executive Vice President
of Operations. Hingtgen joined Community Health Systems in 2008
as a Vice President of Operations and, in January 2014, was
promoted to President of Division IV Operations. He has more than
twenty years of executive level healthcare management experience.
At Community Health Systems, he has successfully overseen the
operations of affiliated hospitals in Alaska, Arizona, California,
Oklahoma, Oregon, Utah, Washington and Wyoming. Hingtgen has worked
with some of the Company’s most successful affiliated hospitals and
also has demonstrated his ability to help turn around
underperforming facilities. He has been instrumental in developing
regional networks and integrated healthcare systems in highly
competitive markets. In his newly created role, Hingtgen will work
directly with the Company’s chief executive, chief operating and
chief financial officers to advance the organization’s most
strategic priorities and to help elevate operational and financial
performance in key markets. Prior to joining Community Health
Systems, Hingtgen served as a chief operating or chief executive
officer of facilities in Arizona, Indiana and Nevada. He holds a
master’s degree in business administration from the University of
Nevada, Las Vegas.
John W. McClellan will be appointed President of Division IV
Operations. He will have management responsibility for 31
affiliated hospitals in New Jersey, Ohio, Oklahoma, and
Pennsylvania. McClellan joined Community Health Systems in 2009 as
a Vice President of Operations. During his tenure, he has worked to
successfully acquire and integrate affiliated hospitals in Indiana
and Pennsylvania. He also has been a leader in the Company’s effort
to establish clinically integrated networks in key markets.
McClellan has twenty years of healthcare management experience.
Prior to joining Community Health Systems, he served as chief
executive officer of hospitals in Florida, Missouri and North
Carolina. He holds a master’s degree in healthcare administration
from the University of Kentucky.
Commenting on these executive appointments, Smith said, “We are
fortunate to have a bench of highly accomplished healthcare
professionals who are ready to move to the next level of
responsibility. Tim Hingtgen is a results-driven operator who has
capably managed healthcare systems in diverse and complex markets.
As we leverage Tim’s expertise and experience across our
enterprise, I am confident he will continue to have a positive
impact on our overall operations. John McClellan is a strong and
proven hospital executive who has pushed innovation into our
markets while demonstrating the ability to generate solid
operational and financial results. His experience and fresh
perspectives will further complement our management team as we move
forward to achieve our goals.”
Community Health Systems also announced a realignment of its
operating divisions, effective May 1, 2016, reducing the number of
divisions from six to five and reorganizing its portfolio in
advance of the planned spin-off of Quorum Health Corporation. The
spin-off is expected to be completed on April 29, 2016.
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.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160425006386/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
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