Astrana Health Acquires Collaborative Health Systems (CHS) from Centene

Ameribrands Acquires Construction and Hospitality Services, LLC (CHS) to Expand National Hospitality Renovation Platform

April 30, 2026

Industrial Services

Ameribrands, a holding company focused on value-added services for multi-site brands, acquired Construction and Hospitality Services, LLC (CHS), rebranded as Commercial Hospitality Solutions, in Melbourne, Florida. The transaction follows Ameribrands’ prior acquisition of Genesis Hotel Renovations and is intended to expand and strengthen the company’s national hotel and hospitality property renovation capabilities.

Community Health Systems Divests Crestwood Medical Center to Huntsville Hospital Health System

April 1, 2026

Healthcare Services

Community Health Systems (CHS) completed the divestiture of substantially all assets of Crestwood Medical Center, an 180-bed hospital in Huntsville, Alabama, along with associated outpatient centers and practices, to Huntsville Hospital Health System for $459 million. The definitive agreement was announced January 20, 2026, with closing effective April 1, 2026.

Astrana Health to Acquire Prospect’s Majority Managed Care Platform from Medical Properties Trust

November 8, 2024

Healthcare Services

Astrana Health entered into a binding agreement on November 8 to purchase the majority of Prospect’s managed care platform for approximately $745 million and the assumption of certain liabilities. Medical Properties Trust (MPT) expects to receive about $200 million in total cash proceeds after certain creditor and liability obligations are satisfied; the transaction remains subject to regulatory approval and other closing conditions.

TELEO Capital Acquires CHCS Services from Capgemini America

March 23, 2022

Healthcare Services

TELEO Capital Management, a lower middle market private equity firm, acquired CHCS Services, Inc. (a technology-enabled third-party administrator for senior health and eldercare markets) from Capgemini America, Inc. TELEO said it will invest in a digital transformation and data science capabilities to expand CHCS's offerings across long-term care and Medicare Supplement plans and support growth.

Centauri Health Solutions Acquires HCFS

August 19, 2020

Healthcare Services

Centauri Health Solutions acquired all key assets of HCFS, Inc., a Texas-based provider of self-pay management and hospital revenue cycle solutions. The deal expands Centauri's national footprint in hospital revenue cycle optimization, adding experienced HCFS associates and extending Centauri's capabilities and reach across midwestern and western states.

Abry Partners Acquires Majority Stake in Centauri Health Solutions

January 9, 2020

Healthcare Services

Abry Partners will acquire a majority stake in Centauri Health Solutions to accelerate product development, expand sales and marketing, and pursue strategic acquisitions. Existing investors Silversmith Capital Partners and SV Health Investors will remain involved as co-investors; the transaction is expected to close in Q1 2020. Centauri is a Scottsdale, Arizona–headquartered provider of healthcare technology and services with over 1,200 employees.