Comparable hospital sales
No price has been revealed for a potential sale of Empire Health Services to Community Health Systems Inc., but a review of recent sales of similarly sized hospitals across the U.S. offers some insight. (Figures rounded to nearest million.)
| Date | Acquirer name | Acquirer city | Acquirer listing | Target name | Target city | Target revenue* | Target listing | Beds | Price* |
| 10/4/2005 | Triad Hospitals, Inc. | Plano, Texas | NYSE: TRI | Montclair Baptist Medical Center | Birmingham, Ala. | $206 million | Nonprofit | 560 | $116 million |
| 10/4/2005 | Community Health Systems, Inc. | Brentwood, Tenn. | NYSE: CYH | Vista Health | Waukegan, Ill. | $142 million | Nonprofit | 407 | $135 million |
| 10/25/2004 | TA Associates, Inc. | Boston | Private | Triumph HealthCare | Bayou City, Texas | $350 million | Private | 458 | $193 million |
| 8/7/2003 | Sisters of St. Francis Health Services | Mishawaka, Ind. | Nonprofit | North Central Health Services | Lafayette, Ind. | $210 million | Nonprofit | 485 | $130 million |
| 6/11/2003 | Universal Health Services, Inc. | King of Prussia, Pa. | NYSE: UHS | Three Vista Hospital System hospitals | Corona, Calif. | $125 million | Nonprofit | 405 | $121 million |
| 1/14/2003 | Community Health Systems, Inc. | Brentwood, Tenn. | NYSE: CYH | Southside Regional Medical Center | Petersburg, Va. | $122 million | Nonprofit | 408 | $94 million |
| 1/15/2002 | HCA, Inc. | Nashville, Tenn. | NYSE: HCA | Cedars Medical Center | Miami, Fla. | $163 million | Nonprofit | 568 | $81 million |
| 12/21/2001 | Ardent Health Services | Nashville, Tenn. | Private | Carraway Methodist Health System | Birmingham, Ala. | $268 million | Nonprofit | 518 | $150 million |
| 11/8/2001 | Health Management Associates, Inc. | Naples, Fla. | NYSE: HMA | Four Clarent Hospitals | Houston | $190 million | Private | 507 | $170 million |
| 5/31/2000 | Adventist Health System-Sunbelt | Winter Park, Fla. | Nonprofit | Memorial Health Systems | Ormond Beach, Fla. | $81 million | Nonprofit | 416 | $81 million |
| 10/5/1999 | Vanguard Health Systems | Nashville, Tenn. | Private | MacNeal Health Network | Berwyn, Ill. | $165 million | Nonprofit | 427 | $210 million |
| 4/19/1999 | UNC Health Care | Chapel Hill, N.C. | Nonprofit | Rex Healthcare | Raleigh, N.C. | $229 million | Nonprofit | 434 | $290 million |
| 2/8/1999 | MedStar Health, Inc. | Columbia, Md. | Nonprofit | Georgetown University Hospital | Washington, D.C. | $468 million | Nonprofit | 535 | $175 million |
| 1/1/1999 | Health Midwest | Kansas City, Mo. | Nonprofit | Two Columbia/HCA Hospitals | Kansas City, Mo. | $159 million | NYSE: COL | 591 | $130 million |
| 8/24/1998 | OhioHealth | Columbus, Ohio | Nonprofit | Doctors Hospital | Columbus, Ohio | $250 million | Nonprofit | 450 | $154 million |
| 5/19/1998 | Johnson City Medical Center | Johnson City, Tenn. | Nonprofit | Six Columbia/HCA Hospitals | Johnson City, Tenn. | $138 million | NYSE: COL | 544 | $286 million |
| 5/19/1998 | Baptist Health System | Montgomery, Ala. | Nonprofit | Four Columbia Facilities | Montgomery, Ala. | $157 million | NYSE: COL | 515 | $183 million |
| 3/31/1997 | Tenet Healthcare Corporation | Santa Barbara, Calif. | NYSE: THC | Queen of Angels/Hollywood | Los Angeles | $114 million | Nonprofit | 410 | $100 million |
| 1/16/1997 | Lifespan | Providence, R.I. | Nonprofit | New England Medical Center | Boston | $353 million | Nonprofit | 403 | $82 million |
SOURCE: Irving Levin Associates Inc.