secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001193125-26-016693
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526016693/0001193125-26-016693-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526016693/cyh-20260120.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-016693

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer