Community Health Systems completes divestiture of Florida hospitals to AdventHealth for $260M

COMMUNITY HEALTH SYSTEMS INC

Sale of ShorePoint Health Port Charlotte and certain assets of Punta Gorda to AdventHealth closed March 1, 2025.
Cash proceeds of approximately $260 million after estimated working capital adjustments.
Pro forma net gain of $54 million ($76 million pre-tax) on the sale.
Divestiture eliminates $266 million in annual net operating revenues from the facilities.
Transaction was previously announced on November 22, 2024.

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