Community Health Systems Completes Sale of Ownership Interests in Clarksville, Tennessee, Hospital to Vanderbilt University Medical Center [Yahoo! Finance]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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Source: Yahoo! Finance
completed the sale of their 80% ownership interests in two joint ventures, which respectively own and operate 270-bed Tennova Healthcare - Clarksville and certain ancillary businesses located in Clarksville, Tennessee, to subsidiaries of Vanderbilt University Medical Center (VUMC) for $623 million, before certain transaction expenses. VUMC previously held minority ownership interests in these joint ventures and purchased the remaining ownership interests through this transaction. Contemporaneous with the completion of this transaction, subsidiaries of the Company distributed the balance of amounts owed to the two joint ventures to subsidiaries of VUMC in the amount of approximately $23 million. The entry into the definitive agreement for this transaction was announced on October 30, 2025, and the closing was effective February 1, 2026. This transaction is among the additional potential divestitures discussed on the Company's third quarter 2025 earnings call and in subsequent public
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CYH
News
- Community Health Systems to Webcast Fourth Quarter and Year-End 2025 Conference CallBusiness Wire
- Community Health Systems, Inc. Announces Partial Redemption of Its 10.875% Senior Secured Notes Due 2032 [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. Announces Partial Redemption of Its 10.875% Senior Secured Notes Due 2032Business Wire
- Community Health Systems Completes Divestiture of Three Pennsylvania Hospitals to Tenor Health Foundation [Yahoo! Finance]Yahoo! Finance
- Community Health Systems Completes Divestiture of Three Pennsylvania Hospitals to Tenor Health FoundationBusiness Wire
CYH
Earnings
- 10/23/25 - Beat
CYH
Sec Filings
- 2/2/26 - Form 8-K
- 1/20/26 - Form 8-K
- 1/5/26 - Form 3
- CYH's page on the SEC website