---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-000804"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:42:39.927214+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Community Health Systems completes $85M sale of Greenbrier Valley Medical Center to Vandalia Health

## Summary
- Sale of Greenbrier Valley Medical Center closed Jan 1, 2023; purchase price ~$85M cash.
- Pro forma gain on sale estimated at $28M pre-tax, $24M net of tax.
- 122-bed hospital divested in Ronceverte, West Virginia to Vandalia Health.
- Transaction previously highlighted on Q3 2022 earnings call.
- Pro forma shows net loss attributable to CHS stockholders increased by $2M for nine months ended Sep 30, 2022.

## SEC filing metadata
- accession: 0001193125-23-000804
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000119312523000804/0001193125-23-000804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312523000804/d396133d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-000804
- JSON: https://secwatch.observer/filing/0001193125-23-000804.json
- Plain text: https://secwatch.observer/filing/0001193125-23-000804.txt

## Key facts
- M&A Transactions
  COMMUNITY HEALTH SYSTEMS INC completed a disposition involving Vandalia Health, Inc. for approximately $85 million in cash (closed 2022-12-30).
  - Action: disposition
  - Counterparty: Vandalia Health, Inc.
  - Consideration: approximately $85 million in cash
  - Closing: 2022-12-30
  source text: as amended (the “Purchase Agreement”). The purchase price paid to the Company in connection with the Transaction at a preliminary closing on December 30, 2022 was approximately $85 million in cash. The Purchase Agreement is attached as Exhibit 2.1 (which is incorporated by reference herein) in accordance with the rules of the Securities and Exchange Commission. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108109/000119312523000804/0001193125-23-000804-index.htm

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