Community Health Systems operates 133 hospitals across the country. Photo: Bradley C. Bower / Bloomberg via Getty

At the J.P. Morgan Healthcare Conference, I asked Wayne Smith, CEO of Community Health Systems, if he would go through with the 2014 acquisition of Health Management Associates again given CHS's massive debt load and deteriorating financials. Here's what Smith said:

"Based on the facts and circumstances at the time, I certainly would do the deal. Based on a retro view of it, I wouldn't do the deal."

Go deeper: The collapse of Community Health Systems.

Go deeper

Dan Primack, author of Pro Rata
6 mins ago - Economy & Business

White House pushes to uphold TikTok ban

Illustration: Aïda Amer/Axios

The U.S. Department of Justice on Friday filed legal opposition to TikTok's request to delay a ban on downloading the app, with a judge expected to rule before the ban is set to go into effect Sunday.

Why it matters: The White House could have simply postponed the ban on its own for another week or two, as it did last Friday. This move suggests it's seeking to use the ban as leverage in ongoing negotiations.

19 mins ago - Podcasts

Substack and the future of media

Traditional media models, and even some of the digital ones, are either under pressure or outright broken. Some journalists have responded by going out on their own, leveraging a new group of startups that help them self-publish and monetize their work.

Axios Re:Cap digs in with Chris Best, CEO of Substack, which has more than 250,000 paying subscribers on its writer network.

Updated 28 mins ago - Politics & Policy

In photos: Ruth Bader Ginsburg lies in state at Capitol

A bipartisan group of female lawmakers line the steps of the Capitol as Ginsburg's casket is carried to a hearse. Photo: Jose Luis Magana/AFP via Getty Images

The late Supreme Court Justice Ruth Bader Ginsburg laid in state at the Capitol on Friday, the first woman and the first Jewish person to receive such an honor.

Driving the news: After a ceremony in National Statuary Hall, Ginsburg's casket was carried down the building's steps — flanked by a group of bipartisan female lawmakers for a final farewell.

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