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Community Health Systems Announces Definitive Agreement to Sell Dade City, Florida Hospital to Adventist Health System

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: Business Wire
FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell 120-bed Bayfront Health Dade City in Dade City, Florida, and its associated assets to subsidiaries of Adventist Health System. The transaction is expected to close in the first quarter of 2018, subject to customary regulatory approvals and closing conditions. The hospital included in this transaction is one of the additional planned divestitures discussed on the Company’s third quarter 2017 earnings call. Kaufman, Hall & Associates, LLC is acting as the exclusive financial advisor to Adventist Health System on this transaction. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acut Show less Read more
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