Community Health to Sell Florida Hospital to AdventHealth for $265M [Yahoo! Finance]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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chs.net/investor-relations
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Source: Yahoo! Finance
Charlotte, along with specific assets of ShorePoint Health Punta Gorda situated in the Punta Gorda city of the state, and related ancillary businesses. The buyer, subsidiaries of Adventist Health System Sunbelt Healthcare Corporation, will acquire these aforementioned assets for $265 million in cash, subject to adjustments for net working capital and other factors. Contingent to regulatory approvals and fulfillment of customary closing conditions, the transaction is anticipated to be completed in the first quarter of 2025. Community Health sincerely follows a strategy of divesting healthcare facilities, which are not under any of its strategically beneficial service areas or grapple with a low level of operating profit. Inpatient services at the Punta Gorda hospital have been indefinitely halted as a result of the damage caused by Hurricanes Helene and Milton. The divestiture strategy allows Community Health to shed non-core assets, thereby enabling it to free up capital. This c
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CYH
News
- LeadingAge Maryland, Civic Works and Grace Medical Center Jointly Address Health and Addiction Needs in Affordable Senior Housing with EQUIPPR Web
- Community Health Systems Announces Definitive Agreement to Sell North Carolina Hospital to Duke HealthBusiness Wire
- Community Health Plan of Washington Welcomes Betsy Jones as New Chief Strategy Officer [Yahoo! Finance]Yahoo! Finance
- Community Health Unit Northwest Urgent Closes Arizona Buyouts [Yahoo! Finance]Yahoo! Finance
- Community Health Systems' Northwest Healthcare Completes Acquisition of Carbon Health Urgent Care Centers in Arizona [Yahoo! Finance]Yahoo! Finance
CYH
Earnings
- 10/23/24 - Miss
CYH
Sec Filings
- 12/11/24 - Form 8-K
- 11/26/24 - Form 8-K
- 11/22/24 - Form 8-K
- CYH's page on the SEC website