Community Health Systems' subsidiary enters into affiliation agreement with Rockwood Clinic

Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary has entered into an affiliation agreement with Rockwood Clinic, P.S., a multi-specialty clinic with 32 locations across the Inland Northwest region of the State of Washington. The transaction is subject to normal closing conditions and is expected to be completed in the next few weeks.

“We look forward to working with Rockwood Clinic’s leadership, physicians, other medical providers and employees to develop an integrated healthcare delivery system that will expand and further enhance the quality of healthcare services available to residents of the Inland Northwest region”

Rockwood Clinic employs over 1,100 employees, including 220 physicians and mid-level providers, offering care in more than 30 medical specialties. The affiliation agreement will lay the groundwork for a new, fully integrated healthcare delivery system that will include hospital services; primary care and specialty medicine physician practices; ambulatory surgery centers; urgent care facilities; outpatient physical therapy centers and outpatient imaging. Two Community Health Systems, Inc. affiliated hospitals, Deaconess Medical Center in Spokane and Valley Hospital and Medical Center in Spokane Valley, will serve as cornerstones for the new system.

“We look forward to working with Rockwood Clinic’s leadership, physicians, other medical providers and employees to develop an integrated healthcare delivery system that will expand and further enhance the quality of healthcare services available to residents of the Inland Northwest region,” said Wayne T. Smith, Chairman, President and Chief Executive Officer of Community Health Systems, Inc.

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