COMMUNITY HEALTH SYSTEMS INC (CYH): M&A transaction — Community Health Systems closes sale of outreach lab assets to Labcorp for $194M cash

COMMUNITY HEALTH SYSTEMS INC

Completion of sale of ambulatory outreach laboratory assets to Labcorp for ~$194M cash, before transaction expenses.
Pro forma adjustments: net operating revenues reduced by $68M (9M 2025) and $92M (FY2024).
Pro forma net gain on sale of $80M after tax, after ~$23M in transaction expenses and $27M tax.
Sale does not qualify as discontinued operations; CHS retains inpatient/ED laboratory services.
Pro forma cash increases from $123M to $275M reflecting $152M net cash proceeds after expenses.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.99

COMMUNITY HEALTH SYSTEMS INC completed a disposition involving Laboratory Corporation of America Holdings for approximately $194 million cash, before certain transaction expenses (closed 2025-12-01).

Action: disposition
Counterparty: Laboratory Corporation of America Holdings
Consideration: approximately $194 million cash, before certain transaction expenses
Closing: 2025-12-01

Exact text from the filing

centers and in-office phlebotomy locations (the transactions contemplated by the Purchase Agreement, the “Transaction”). The purchase price paid to the Company was approximately $194 million cash, before certain transaction expenses. The Purchase Agreement is filed as Exhibit 2.1 (which is incorporated by reference herein) in accordance with the rules of the

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COMMUNITY HEALTH SYSTEMS INC filing history →

Source: SEC EDGAR

accession 0001193125-25-305375

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