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Stock impact report

Community Health Systems Completes Divestiture of Five Pennsylvania Hospitals

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 completed the divestiture of five Pennsylvania hospitals and their associated assets to subsidiaries of Reading Health System. Hospitals included in the transaction are 169-bed Brandywine Hospital in Coatesville, 148-bed Chestnut Hill Hospital in Philadelphia, 63-bed Jennersville Hospital in West Grove, 151-bed Phoenixville Hospital in Phoenixville and 232-bed Pottstown Memorial Medical Center in Pottstown. The effective date of the transaction is October 1, 2017. The five hospitals included in this transaction are part of the 30 planned hospital divestitures discussed on the Company’s second quarter 2017 earnings call. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the Unite Show less Read more
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