---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-016693"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2026-01-20T23:59:59+00:00"
generated_at: "2026-05-16T09:29:00.205195+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-016693
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2026-01-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000119312526016693/0001193125-26-016693-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312526016693/cyh-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-016693
- JSON: https://secwatch.observer/filing/0001193125-26-016693.json
- Plain text: https://secwatch.observer/filing/0001193125-26-016693.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108109/000119312526016693/0001193125-26-016693-index.htm

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