Since Wayne Smith’s arrival in 1997, CHS has grown from $742 million in net revenue to over $4.0 billion in net revenue. This represents a compound annual growth rate of 24 percent— the strongest record of revenue growth in the industry.
For the last four years, Smith has been selected by the readers of Modern Healthcare Magazine as one of the "100 Most Powerful People in Healthcare".
When Smith was recruited as Community Health Systems president and CEO, he brought more than 20 years of healthcare industry experience to the company. He was named Chairman of the Board of Community Health Systems, Inc. in February 2001. Prior to joining CHS, Smith was with Humana, Inc. for 23 years where held a variety of senior management positions including president and Chief Operating Officer. He also was a member of Humana Board of Directors. He currently serves on the boards of Praxair, Inc., Citadel Broadcasting Corporation, the Nashville Healthcare Council (2006 Chairman) and the Federation of American Hospitals (2003 Chairman). Before joining Humana in 1973, Smith spent four years as a Captain in the U.S. Army Medical Services Corps. Smith holds both a bachelor of science and Master of Science from Auburn University and a master of science in healthcare administration from Trinity University. He studied at the King's Fund College of Hospital Administration in London, England. |