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Community Health Systems to Acquire Scranton’s Moses Taylor

July 20, 2011

Nashville-based Community Health Systems has agreed to acquire substantially all of the assets of Moses Taylor Health Care System, located in Scranton, PA. The system includes 217-bed Moses Taylor Hospital in Scranton and 25-bed Mid-Valley Hospital in Peckville, PA. The transaction is subject to customary federal and state regulatory approvals, including review and approval by the Attorney General of the Commonwealth of Pennsylvania.

Currently, 13 Community Health System affiliated hospitals serve Pennsylvania communities, including recently acquired facilities in Scranton, Wilkes-Barre and other surrounding cities.

Commenting on the acquisition Wayne T. Smith, chairman, president and CEO of Community Health Systems, said, “The acquisition of Moses Taylor Health Care System will provide a compelling opportunity to expand our operations in northeast Pennsylvania. We look forward to working with the system’s outstanding physicians and employees, who are part of a century-long tradition of providing high-quality, compassionate care for patients. We also look forward to new opportunities for collaboration, sharing of best practices, resources and expertise as we continue to expand and enhance the health services available in this region.”

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