Community Health Systems to sell 80% stake in Clarksville hospital to Vanderbilt for $600M

COMMUNITY HEALTH SYSTEMS INC

Sale of 80% ownership in joint ventures operating 270-bed Tennova Healthcare - Clarksville and ancillary businesses.
Total purchase price $600M, subject to net working capital and other adjustments.
Transaction expected to close in early 2026, pending customary regulatory approvals.
VUMC currently holds minority stake and will acquire the remaining 80% interests.
Leerink Partners is exclusive financial advisor to Community Health Systems.

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