Community Health Systems, Inc. Announces the Closing of a Transaction with Washington-Based Multi-Specialty Clinic

"This affiliation brings together major healthcare providers with long-standing traditions of caring for their communities and a shared vision of integrating their services into a quality-focused, patient-friendly healthcare system," said Wayne T. Smith, chairman, president and chief executive officer of Community Health Systems, Inc. "Working together, Rockwood Clinic, Deaconess Medical Center and Valley Hospital can have a positive impact on healthcare for the entire region."

Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country. Through its subsidiaries, the company currently owns, leases or operates 122 hospitals in 29 states with an aggregate of approximately 18,000 licensed beds. Its hospitals offer a broad range of inpatient and surgical services, outpatient treatment and skilled nursing care. In addition, through its QHR subsidiary, the company provides management and consulting services to over 150 independent non-affiliated general acute care hospitals located throughout the United States. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol "CYH."