Community Health Systems Inc (CYH)

[seasonedwell]

As of February 15, 2016, the company owned, leased, or operated 195 affiliated hospitals in 29 states with approximately 30,000 licensed beds

Two new hospital buildings are opening this year in Dallas, Texas. Both are big teaching hospitals and cost around $1.5 million per bed to build.

The University of Texas Southwestern hospital (picture below) is over 1.3 million square feet and has 532 beds. It cost $800 million. Parkland Memorial, Dallas County's public hospital, is about 2 million square feet and has 862 beds. It cost $1.3 billion.

Earlier today, I read about plans to build a small community hospital in a rural area with just 25 beds. The cost is estimated at $30-40 million.

Mercy Hospital in Merced, California has 185 beds and cost $166 million when it was built five years ago. At less than $1 million per bed, it was considered quite economical, especially for California.