COMMUNITY HEALTH SYSTEMS INC (CYH): M&A transaction — Community Health Systems completes sale of Clarksville hospital to Vanderbilt for $623M

COMMUNITY HEALTH SYSTEMS INC

Sold 80% ownership interests in joint ventures operating Tennova Healthcare-Clarksville (270 beds) and ancillary businesses to VUMC for $623M cash.
Contemporaneous with closing, distributed ~$23M to VUMC for amounts owed to the joint ventures.
Transaction closed Feb 1, 2026; previously announced Oct 30, 2025; Leerink Partners acted as financial advisor.
Pro forma for 9M Sep 2025: net operating revenues reduced by $230M, net income attributable to CHS reduced by $61M.
Pro forma for FY 2024: net operating revenues reduced by $245M, net loss attributable to CHS improved by $141M.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

COMMUNITY HEALTH SYSTEMS INC completed a disposition involving Vanderbilt University Medical Center for $623 million in cash (closed 2026-02-01).

Action: disposition
Counterparty: Vanderbilt University Medical Center
Consideration: $623 million in cash
Closing: 2026-02-01

Exact text from the filing

Entity in connection with the closing of Transaction after giving effect to estimated working capital and purchase price adjustments and before certain transaction expenses, was $623 million in cash (subject to a post-closing working capital adjustment). In addition, contemporaneous with the closing of the Transaction, in connection with the balance of certain

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Source: SEC EDGAR

accession 0001193125-26-033755

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