CHS Announces Definitive Agreement to Sell Majority Interest in Home Health Division
Community Health Systems (CHS) announced recently that a company subsidiary has signed a definitive agreement to sell a majority ownership interest in CHS’s Home Health division to a subsidiary of Almost Family, Inc.
CHS previously announced plans to reduce and refine its overall portfolio with proceeds being used to pay down debt.
“We believe the agencies in the company’s Home Health division will benefit from affiliation with an organization specializing in home health care,” says Wayne T. Smith, CHS chairman and chief executive officer. “The transaction also advances our strategy to focus on a more sustainable and successful portfolio of hospitals and regional healthcare systems.”
The transaction is expected to close before the end of this year.
Franklin-based CHS is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country. CHS, through its subsidiaries, owns, leases or operates 158 affiliated hospitals in 22 states with an aggregate of nearly 27,000 licensed beds. More information is available online at CHS.net.
Nissan renews $50,000 grant to the Harpeth River Watershed Association conservation leadership efforts
Nissan North America has made a $50,000 program grant to the Harpeth River Watershed Association (HRWA) that supports the organization’s efforts on new pollution reduction plan and water quality studies for the entire Harpeth River system. Nissan North America has been a partner of HRWA since the company moved to Tennessee, with nine annual grants totaling $450,000 since 2008.
In partnership with HRWA and other stakeholders, the Tennessee Department of Environment and Conservation will be leading this all-inclusive effort, and the U.S. Environmental Protection Agency will also contribute its time and expertise.
With its inclusion on the American Rivers listing of America’s Most Endangered Rivers, the State Scenic Harpeth River received national attention as a river whose future is at a crossroads. Nissan’s funding will support HRWA’s program efforts to expand the “citizen science” component of a river-system wide water-quality monitoring program as a critical step toward restoring the river’s water quality to meet state standards for public health and wildlife. Nissan funds will also support HRWA’s River Restoration & Wildlife Protection Program and Outreach and Education Program, making numerous stream cleanups and restoration projects possible with farmers and volunteers and reaching over 500 children in youth camps and schools around the river system.
Founded in 1999, The Harpeth River Watershed Association is a not-for-profit, science-based, conservation organization dedicated to the restoration and protection of the State Scenic Harpeth River and clean water in Tennessee. One of the most ecologically, culturally, historically, and recreationally significant rivers in Tennessee, the 125 mile-long river and over 1,000 miles of tributaries flow through both rural landscapes and rapidly developing areas of the greater Nashville region. For more information, visit HarpethRiver.org.
WILLIAMSON COUNTY PARKS AND RECREATION SELLING COMMEMORATIVE BRICKS FOR ENRICHMENT AND PERFORMING ARTS CENTERS
Williamson County Parks and Recreation (WCPR) is making it possible for residents and families to purchase personalized, commemorative bricks for the new Williamson County Enrichment and Performing Arts Centers. The two buildings are now under construction on the old Battle Ground Academy (BGA) campus at 112 Everbright Ave. They join the thriving campus currently consisting of Academy Park, the Williamson County Public Library and Renaissance High School.
The Williamson County Enrichment Center, site of the old Fleming Hall, will provide senior and therapeutic recreation programs, fitness and dance classes, community potlucks, special events and more. The Performing Arts Center, located inside the former Cloverdale Hall, will house a 300-seat state-of-the-art theatre space for dramatic productions, musical performances, camps and workshops. Both buildings will be available for rental to the public for meetings, events and theatrical productions. Williamson County Parks and Recreation will manage the two new centers, which are expected to open in early 2017.
Single bricks are $100 each, and a special family placard (three bricks high and two bricks wide) may be purchased for $700. Several styles and background colors are available, and donors can choose to have their bricks placed in either the Enrichment Center or Performing Arts Center. More information is available online at WCParksAndRec.com or by calling 615.790.5719.