Community Health Systems sells two Florida hospitals to AdventHealth for $265M

COMMUNITY HEALTH SYSTEMS INC

Asset sale includes ShorePoint Health Port Charlotte and certain assets of ShorePoint Health Punta Gorda.
Punta Gorda hospital has indefinitely suspended inpatient operations due to Hurricanes Helene and Milton.
Purchase price of $265M cash, subject to net working capital and other adjustments.
Transaction expected to close in Q1 2025, subject to regulatory approvals and conditions.
Part of previously disclosed divestiture plans; Cain Brothers advised AdventHealth.

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.