Wyoming Valley Health Care System sale

Latest Headlines

November 16, 2008

Hospital deal ‘on track’

WILKES-BARRE – While not much has been said in the three months since the announced deal to sell Wyoming Valley Health Care System, its president has been hearing all sorts of talk.

August 23, 2008

Past hospital sales still helping other areas

The sale of non-profit hospitals in Berwick and Wilson to the same for-profit corporation that’s negotiating to purchase the Wyoming Valley Health Care System has had positive effects, say officials in the two communities.

August 21, 2008

Chairman: Expansion to continue

EDWARDSVILLE – Wyoming Valley Health Care System slowed the red ink it was bleeding in recent years, but was not able to find the money needed for expansion and new technology.

August 20, 2008

WVHCS signs letter to sell

WILKES-BARRE – After weeks declining to address rumors of a sale, the Wyoming Valley Health Care System issued a press release Tuesday saying it had signed a letter of intent to sell the system to a subsidiary of Community Health Systems Inc., headquartered in Franklin, Tenn.

August 19, 2008

WVHCS workers wait for sale news

WILKES-BARRE – Employees of Wyoming Valley Health Care System expect to be told today that all or part of the sprawling 3,200-employee organization will be sold to a for-profit corporation. The union representing registered nurses has told its 470 members it believes the buyer is Community Health Systems Inc., a Tennessee-based company that, according to its Web site, owns, operates or leases 110 acute-care hospitals in 28 states.

August 19, 2008

WVHCS sale may bring much new tax revenue

WILKES-BARRE – If a for-profit corporation purchases all or part of the Wyoming Valley Health Care System, it could result in hundreds of thousands of dollars in new tax revenue for Luzerne County school boards, municipalities and the county itself.

August 16, 2008

Hospital sale seen as solution

WILKES-BARRE – If a sale is one way to ensure the future of Wilkes-Barre General Hospital, there are companies looking to profit by turning around the struggling facility, said a trio of analysts who cover the health care industry.

August 8, 2008

AG: WBGH ponders change

WILKES-BARRE – Wilkes-Barre General Hospital officials have notified the state Office of Attorney General of a possible pending change in the operational structure of the city’s largest hospital.

August 3, 2008

General’s expansion on hold

WILKES-BARRE – A $100 million expansion of Wilkes-Barre General Hospital has been halted as the Wyoming Valley Health Care System seeks funding to complete the project.

May 29, 2008

Deal for Blue’s $40 million is no more

WILKES-BARRE – No longer counting on Blue Cross of Northeastern Pennsylvania for $40 million to fund its capital improvements, the Wyoming Valley Health Care System has turned to other sources for money.