---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-033755"
form_type: "8-K"
ticker: "CYH"
cik: "0001108109"
company_name: "COMMUNITY HEALTH SYSTEMS INC"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:33:04.612588+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Community Health Systems completes sale of Clarksville hospital to Vanderbilt for $623M

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-033755
- form_type: 8-K
- ticker: CYH
- cik: 0001108109
- company_name: COMMUNITY HEALTH SYSTEMS INC
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108109/000119312526033755/0001193125-26-033755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1108109/000119312526033755/cyh-20260201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-033755
- JSON: https://secwatch.observer/filing/0001193125-26-033755.json
- Plain text: https://secwatch.observer/filing/0001193125-26-033755.txt

## Source-grounded claims
- claim_id: 1f91096981f514864d7937da593cc12c22b36511
  claim: COMMUNITY HEALTH SYSTEMS INC completed a disposition involving Vanderbilt University Medical Center for $623 million in cash (closed 2026-02-01).
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1108109/000119312526033755/0001193125-26-033755-index.htm

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