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Stock impact report

Hamilton to acquire Cleveland, Tennessee, hospital [Yahoo! Finance]

Community Health Systems, Inc. (CYH) 
Last community health systems, inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: chs.net/investor-relations
Company Research Source: Yahoo! Finance
The agreement with a subsidiary of Community Health Systems will include its 350-bed hospital and its related businesses, including physician clinic operations and outpatient services, according to a statement from the health care system. The transaction, which is subject to regulatory approvals and other closing conditions, is anticipated to close the third quarter of 2024, Hamilton said in a press release. "As a not-for-profit and one of the few remaining independent health systems in the region, above all, we are committed to the well-being of our region and keeping care local to the communities we serve," said Hamilton Health Care System CEO Jeff Myers said in the statement. "Hamilton Medical Center and Tennova Healthcare Cleveland share a proud history of serving the members of our respective communities — our friends, families and neighbors — and we will invest in furthering that legacy to ensure long-term stability; the availability of advanced, comprehensive expert care; Show less Read more
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