---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-089022"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:47:43.511143+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CHS completes $92M sale of Plateau Medical Center to Vandalia Health

## Summary
- Sold Plateau Medical Center (25 beds, Oak Hill, WV) for ~$92M cash, effective April 1, 2023.
- Buyer: affiliates of Vandalia Health, Inc.; preliminary closing on March 31, 2023.
- Pro forma adjustments show pre-tax gain of $36M and net gain of $30M on the sale.
- Pro forma net operating revenues reduced by $53M for year ended Dec 31, 2022 reflecting Plateau's elimination.
- Divestiture aligns with previously disclosed strategy to sell non-core hospitals.

## SEC filing metadata
- accession: 0001193125-23-089022
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2023-04-03T23:59:59+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/1108109/000119312523089022/0001193125-23-089022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312523089022/d492000d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-089022
- JSON: https://secwatch.observer/filing/0001193125-23-089022.json
- Plain text: https://secwatch.observer/filing/0001193125-23-089022.txt

## Key facts
- M&A Transactions
  COMMUNITY HEALTH SYSTEMS INC completed a disposition involving Vandalia Health, Inc. for approximately $92 million in cash (closed 2023-03-31).
  - Action: disposition
  - Counterparty: Vandalia Health, Inc.
  - Consideration: approximately $92 million in cash
  - Closing: 2023-03-31
  source text: as amended (the “Purchase Agreement”). The purchase price paid to the Company in connection with the Transaction at a preliminary closing on March 31, 2023 was approximately $92 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/1108109/000119312523089022/0001193125-23-089022-index.htm

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