---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-193446"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2023-07-25T23:59:59+00:00"
generated_at: "2026-06-13T02:48:46.966572+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CHS signs definitive agreement to sell three Florida hospitals to Tampa General for ~$290M cash

## Summary
- Assets include 120-bed Bravera Health Brooksville, 124-bed Spring Hill, and 128-bed Seven Rivers hospitals.
- Base purchase price $280M, expected total cash consideration ~$290M including working capital and lease adjustments.
- Transaction expected to close in Q4 2023, subject to HSR clearance and Hernando County lease assignment.
- Divestiture was previously highlighted on the Q1 2023 earnings call as part of portfolio optimization.

## SEC filing metadata
- accession: 0001193125-23-193446
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2023-07-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000119312523193446/0001193125-23-193446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312523193446/d504605d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-193446
- JSON: https://secwatch.observer/filing/0001193125-23-193446.json
- Plain text: https://secwatch.observer/filing/0001193125-23-193446.txt

## Key facts
- Material Agreements
  COMMUNITY HEALTH SYSTEMS INC entered into Asset Purchase Agreement with Florida Health Sciences Center, Inc. valued at approximately $280 million in cash (effective 2023-07-24).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Florida Health Sciences Center, Inc.
  - Value: approximately $280 million in cash
  - Effective: 2023-07-24
  source text: On July 24, 2023, certain subsidiaries (the “CHS Selling Entities”) of Community Health Systems, Inc. (the “Company”), entered into an Asset Purchase Agreement (“Purchase Agreement”) with Florida Health Sciences Center, Inc., a Florida non-profit corporation and certain of its affiliates (collectively, “Purchaser”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108109/000119312523193446/0001193125-23-193446-index.htm

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