Franklin, Tenn.-based Community Health Systems has received permission from its lenders for an amendment to an existing credit agreement that was made in July 2007.
Effective today, CHS will now have "increased flexibility" to make investments, dole out restricted payments and incur debt related to acquisitions under the credit facility.
In July, CHS finalized its acquisition of York, Pa.-based Memorial Health Systems. CHS also bought MetroSouth Medical Center in Blue Island, Ill., in March.
Effective today, CHS will now have "increased flexibility" to make investments, dole out restricted payments and incur debt related to acquisitions under the credit facility.
In July, CHS finalized its acquisition of York, Pa.-based Memorial Health Systems. CHS also bought MetroSouth Medical Center in Blue Island, Ill., in March.
More Articles on CHS:
For-Profit Hospital Stock Report: Week of Nov. 19-23, 2012
CFO Gene Alexander: Financial Mainstay at MountainView Regional
8 Major For-Profit Hospital Operators Release Quarterly Earnings