David W. Stepansky
Country:
USA
Company:
Medicine
His father, William Stapansky, was born in Chisināu, Bessarabia. David W.
Stepansky received his bachelor's degree from Penn StateUniversity between 1973 and 1974. He earned a doctorate in medicine from Jefferson Medical College at Thomas
Jefferson University from 1974-1978. He began his internship as an intern at PMA
Medical Specialists, LLC beginning ni 1981, where he worked until 2004. He held po- sitions of responsibility at Phoenixville Hospital from 2006-2014.
Community Health Systems (CHS) was the largest provider of general hospital healthcare services in the United States in terms ofn u m b e r of acute care facilities. In
2014, CHS had around 200 hospitals, but the number had declined to around 85 in
2021. In August 2015, the company announced plans to spin off 38 hospitals and its management and consulting subsidiary, Quorum Health Resources, into a new pub- licly traded company called Quorum Health Corporation.
The company completed the spinoff of Quorum Health Corporation on April 29, 2016. Quorum owns or leases hospitals across 16 states, primarily in cities or coun ties with populations of 50,000 or less. In 2013, Community Health Systems entered into an agreement with Health Management Associates to purchase HMA for about $3.6 billion in cash and stock.The merger was completed in January 2014 and made Community Health Systems the largest for-profit hospital operator at the time.