secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001193125-26-033755
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526033755/0001193125-26-033755-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526033755/cyh-20260201.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-033755

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