July 31, 2007 at 20:05 PM EDT
Community Health Systems, Inc. Announces Completion of Tender Offers and Consent Solicitations for Its 6 1/2% Senior Subordinated Notes Due 2012 and Triad Healthcare's 7% Senior Notes Due 2012 and 7% Senior Subordinated Notes Due 2013

Community Health Systems, Inc. (the Company) (NYSE: CYH) announced today the completion of its previously announced tender offer for any and all of its $300,000,000 outstanding aggregate principal amount of 61/2% Senior Subordinated Notes due 2012 (the CHS Notes) and related consent solicitation. The Company also announced today the completion of the previously announced tender offer for any and all of the (i) $600,000,000 outstanding aggregate principal amount of the 7% Senior Notes due 2012 (the Triad 2012 Notes) of Triad Healthcare Corporation (f/k/a Triad Hospitals, Inc.) (Triad) and (ii) $600,000,000 outstanding aggregate principal amount of Triads 7% Senior Subordinated Notes due 2013 (the Triad 2013 Notes, and together with the Triad 2012 Notes, the Triad Notes) and the related consent solicitations.

A total of (i)$299,996,000 in aggregate principal amount of CHS Notes (approximately 99.9%), (ii) $599,920,000 in aggregate principal amount of Triad 2012 Notes (approximately 99.9%) and (iii) $599,321,000 in aggregate principal amount of Triad 2013 Notes (approximately 99.9%) were tendered prior to the expiration date of midnight, New York City time, on July 30, 2007. The Company has accepted for purchase all CHS Notes tendered pursuant to the tender offer and consent solicitation, resulting in a total payment (including amounts previously paid) of $315 million, including approximately $2 million in accrued and unpaid interest, to holders of the CHS Notes. Triad has accepted for purchase all Triad Notes tendered pursuant to the tender offers and consent solicitations, resulting in total payments (including amounts previously paid) of (i) $635 million, including approximately $8 million in accrued and unpaid interest, to holders of the Triad 2012 Notes and (ii) $638 million, including approximately $8 million in accrued and unpaid interest, to holders of the Triad 2013 Notes. On July 24, 2007, the Company executed the supplemental indenture effecting certain amendments to the indenture governing the CHS Notes and Triad executed the supplemental indentures effecting certain amendments to the indentures governing the Triad Notes. The amendments modified or eliminated substantially all of the restrictive covenants and eliminated certain events of default contained in the indentures.

The Company has retained Credit Suisse Securities (USA) LLC (Credit Suisse) and Wachovia Securities to act as Dealer Managers in connection with the Offer. Questions about the tender offer and consent solicitation may be directed to Credit Suisse at (212) 325-7596 (collect) or Wachovia Securities at (866) 309-6316 (toll free) or (704) 715-8341 (collect).

Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is the largest publicly-traded hospital company in the United States and a leading operator of general acute care hospitals in non-urban and mid-size markets throughout the country. Through its subsidiaries, the Company currently owns, leases or operates approximately 132 hospitals in 28 states and one in Ireland, with an aggregate of approximately 19,200 licensed beds. Its hospitals offer a broad range of inpatient medical and surgical services, outpatient treatment and skilled nursing care. In addition, through its QHR subsidiary, the Company provides management and consulting services to independent general acute care hospitals located throughout the United States. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol CYH.

Statements contained in this press release which are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as expects,plans, estimates,projects, intends,believes, guidance, and similar expressions that do not relate to historical matters. These forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors which include, but are not limited to, downturns in economic and market conditions, risks related to the completion of pending transactions, and the obtaining of all anticipated debt financing in connection with such transactions, and the integration of Triad with our existing business, increases in interest rates and operating costs, general volatility of the capital markets, our ability to access the capital markets, changes in the competitive environment in our industry and the markets where we invest, and other risk factors discussed in the Companys Annual Report on Form 10-K, quarterly reports on Form 10-Q and other documents filed by the Company with the Securities and Exchange Commission from time to time, as well as those discussed in the documents filed by Triad with the Securities and Exchange Commission from time to time, including Triads most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q .All forward-looking statements in this press release are made as of today, based upon information known to management as of the date hereof, and the Company assumes no obligation to update or revise any of its forward-looking statements even if experience or future changes show that indicated results or events will not be realized.

Contacts:

Community Health Systems, Inc.
W. Larry Cash, 615-465-7000
Executive Vice President and Chief Financial Officer
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