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Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025.

About Community Health Systems, Inc.

Community Health Systems, Inc. is one of the nation’s largest healthcare companies. The Company’s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. The Company’s subsidiaries own or lease 72 affiliated hospitals with more than 10,000 beds and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. More information about the Company can be found on its website at www.chs.net.

Contacts

Media Contact:
Tomi Galin
Executive Vice President, Corporate Communications, Marketing and Public Affairs
615-628-6607

Investor Contacts:
Kevin Hammons
President and Chief Financial Officer
615-465-7000

Anton Hie
Vice President – Investor Relations
615-465-7012

Industry:

Community Health Systems, Inc.

NYSE:CYH
Release Versions
English

Contacts

Media Contact:
Tomi Galin
Executive Vice President, Corporate Communications, Marketing and Public Affairs
615-628-6607

Investor Contacts:
Kevin Hammons
President and Chief Financial Officer
615-465-7000

Anton Hie
Vice President – Investor Relations
615-465-7012

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Community Health Systems, Inc. Announces Redemptions of Senior Secured Notes

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (the “Company”) announced today that, on December 15, 2025, its wholly owned subsidiary, CHS/Community Health Systems, Inc., completed the redemption of (i) all $13,749,000 in outstanding principal amount of its 5.625% Senior Secured Notes due 2027 and (ii) $222,500,000 in outstanding principal amount of its 10.875% Senior Secured Notes due 2032 (the “2032 Notes”). As of the date hereof and after giving effect to the f...

Community Health Systems Appoints Kevin Hammons Chief Executive Officer and Jason Johnson Chief Financial Officer

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (the “Company” or “CHS”) announced today that the Company’s Board of Directors has appointed Kevin Hammons to chief executive officer and Jason Johnson to chief financial officer, effective immediately. Hammons and Johnson have been serving in these roles on an interim basis since October 1, 2025. Hammons was also appointed to serve as a member of the Board. “I’m honored to lead the CHS team during a time when we see s...

Community Health Systems Completes Sale of Select Outreach Laboratory Assets to Labcorp

FRANKLIN, Tenn. & BURLINGTON, N.C.--(BUSINESS WIRE)--Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced today that its subsidiary, CHS/Community Health Systems, Inc. (CHS), has completed the sale of select assets of the ambulatory outreach laboratory services of CHS-affiliated health systems in 13 states, including certain patient service centers and in-office phlebotomy locations, to Labcorp (NYSE: LH) for approximately $194 million cash, before certain transaction expenses....
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