---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-045596"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:07:03.508597+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CHS to sell Tennova Healthcare-Cleveland to Hamilton Health Care for $160M cash

## Summary
- Total base purchase price $160M in cash, subject to net working capital and other adjustments.
- Hospital is 351-bed Tennova Healthcare – Cleveland, Tennessee, including related businesses.
- Closing expected in Q3 2024, subject to HSR waiting period and customary conditions.
- Additional contingent consideration possible from changes to supplemental reimbursement programs.
- Sale is among additional potential divestitures discussed on Q4 2023 earnings call.

## SEC filing metadata
- accession: 0000950170-24-045596
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000095017024045596/0000950170-24-045596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000095017024045596/cyh-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-045596
- JSON: https://secwatch.observer/filing/0000950170-24-045596.json
- Plain text: https://secwatch.observer/filing/0000950170-24-045596.txt

## Key facts
- Material Agreements
  COMMUNITY HEALTH SYSTEMS INC entered into Asset Purchase Agreement with Hamilton Health Care System, Inc. and certain of its affiliates (collectively, the "Purchaser") valued at $160 million in cash (effective 2024-04-18).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Hamilton Health Care System, Inc. and certain of its affiliates (collectively, the "Purchaser")
  - Value: $160 million in cash
  - Effective: 2024-04-18
  source text: On April 18, 2024, certain wholly-owned subsidiaries (the "Selling CHS Entities") of Community Health Systems, Inc. (the "Company"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with Hamilton Health Care System, Inc. and certain of its affiliates (collectively, the "Purchaser").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108109/000095017024045596/0000950170-24-045596-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.