CHS sells select outreach lab assets to Labcorp for $195M; Q4 2025 close

COMMUNITY HEALTH SYSTEMS INC

Labcorp acquires select ambulatory outreach lab assets and leases across 13 states for $195M cash.
CHS retains inpatient, emergency and hospital-based lab services; deal includes 5-year non-compete.
Transaction expected to close in Q4 2025, subject to HSR and other regulatory approvals.
Parties will enter lab services agreement for comprehensive testing, data analytics and digital tools.
CHS cites focus on core services and improved patient experience as rationale.

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