Community Health Systems sells Crestwood Medical Center to Huntsville Hospital for $450M

COMMUNITY HEALTH SYSTEMS INC

Asset price of $450M, subject to net working capital adjustment and any finance leases assumed by buyer.
Assets include 180-bed Crestwood Medical Center and associated outpatient centers and practices in Huntsville, AL.
Transaction expected to close in Q2 2026; subject to customary closing conditions.
Sale is part of additional potential divestitures previously discussed on Q3 2025 earnings call.
Leerink Partners acted as exclusive financial advisor to CHS.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COMMUNITY HEALTH SYSTEMS INC entered into Asset Purchase Agreement with The Health Care Authority of the City of Huntsville, d/b/a Huntsville Hospital Health System valued at $450 million (effective 2026-01-20).

Action: entry
Agreement: asset purchase
Counterparty: The Health Care Authority of the City of Huntsville, d/b/a Huntsville Hospital Health System
Value: $450 million
Effective: 2026-01-20

Exact text from the filing

On January 20, 2026, CHS/Community Health Systems, Inc. (“CHS”), a wholly-owned subsidiary of Community Health Systems, Inc. (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with The Health Care Authority of the City of Huntsville, d/b/a Huntsville Hospital Health System (the “Purchaser”).

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Source: SEC EDGAR

accession 0001193125-26-016693

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