Community Health Systems Announces Definitive Agreement to Sell North Carolina Hospital to Duke Health
11 Diciembre 2024 - 3:15PM
Business Wire
Community Health Systems, Inc. (NYSE: CYH) announced today that
a subsidiary of the Company has signed a definitive agreement to
sell 123-bed Lake Norman Regional Medical Center in Mooresville,
N.C., and related businesses, to Duke Health for approximately $280
million, subject to certain net working capital and other
adjustments.
The transaction is expected to close in the first quarter of
2025, subject to regulatory approvals and closing conditions.
The hospital included in this transaction is among the
additional potential divestitures discussed on the Company’s third
quarter 2024 earnings call and subsequent public appearances.
About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the nation’s largest
healthcare companies. The Company’s affiliates are leading
providers of healthcare services, developing and operating
healthcare delivery systems in 39 distinct markets across 15
states. The Company’s subsidiaries own or lease 69 affiliated
hospitals with more than 11,000 beds and operate more than 1,000
sites of care, including physician practices, urgent care centers,
freestanding emergency departments, occupational medicine clinics,
imaging centers, cancer centers and ambulatory surgery centers.
Shares in Community Health Systems, Inc. are traded on the New York
Stock Exchange under the symbol “CYH.” The Company’s headquarters
are located in Franklin, Tennessee, a suburb south of Nashville.
More information about the Company can be found on its website at
www.chs.net.
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version on businesswire.com: https://www.businesswire.com/news/home/20241211838755/en/
Media Contact: Tomi Galin Executive Vice President,
Corporate Communications, Marketing and Public Affairs (615)
628-6607
Investor Contacts: Kevin Hammons President and Chief
Financial Officer (615) 465-7000
Anton Hie Vice President – Investor Relations (615) 465-7012
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