Community Health Systems completes sale of Tennova Healthcare-Cleveland for $160M

COMMUNITY HEALTH SYSTEMS INC

Base purchase price of $160M in cash received at preliminary closing on July 31, 2024.
Additional contingent consideration possible from potential changes to supplemental reimbursement programs.
Sale includes 351-bed hospital in Cleveland, TN and related businesses to Hamilton Health Care System.
Pro forma net loss per share widens to $0.44 for six months ended June 30, 2024 (from $0.42 reported).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.