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CHS Submits Bid for Ohio's Forum Health

Community Health Systems has submitted a bid of an undisclosed amount to acquire Youngstown, Ohio-based Forum Health, according to a Business Journal Daily report.

Ardent Health Services previously offered $69.8 million for the system and pledged an addition $70 million to upgrade its facilities.

CHS visited Forum in late July, and made its offer just a day before Forum is scheduled to close the bidding process.

Ohio Attorney General Richard Cordray recently approved the Ardent acquisition, but the new bid makes the future of the three-hospital health system less certain.

Read the Business Journal Daily report on Forum Health.

Read more coverage on Forum Health:

- Ardent's Deal to Buy Forum Health in Question After CHS Schedules Meeting With the System

-
Ardent Health Services to Buy Bankrupt Forum Health for $69.8M

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