{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-094191","form_type":"8-K","ticker":"CYH","cik":"0001108109","company_name":"COMMUNITY HEALTH SYSTEMS INC","filed_at":"2026-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.547265+00:00","generated_at":"2026-05-15T19:19:44.782391+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Community Health Systems signs definitive agreement to sell four Arkansas hospitals to Freeman Health System for $112M","bullets":["Asset sale includes 128-bed Bentonville, 222-bed Springdale, 64-bed Willow Creek Women's, and 73-bed Siloam Springs hospitals plus outpatient centers.","Total purchase price $112M, subject to adjustments for closing net working capital and finance leases assumed by buyer.","Transaction expected to close in Q2 2026, subject to customary regulatory approvals and closing conditions.","Hospitals were among potential divestitures flagged on Q4 2025 earnings call; Leerink Partners is exclusive financial advisor.","Proceeds will be used to reduce debt and support strategic initiatives, per company's prior divestiture strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-094191","json":"https://secwatch.observer/filing/0001193125-26-094191.json","markdown":"https://secwatch.observer/filing/0001193125-26-094191.md","text":"https://secwatch.observer/filing/0001193125-26-094191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1108109/000119312526094191/0001193125-26-094191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1108109/000119312526094191/cyh-20260305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T19:19:44.782391+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b09e928b042098d1c4820adb1f864bc50c82ea2f","claim":"COMMUNITY HEALTH SYSTEMS INC entered into Asset Purchase Agreement with Freeman-Oak Hill Health System, d/b/a Freeman Health System valued at $112,000,000 (effective 2026-03-05).","evidence_excerpt":"On March 5, 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 Freeman-Oak Hill Health System, d/b/a Freeman Health System (the “Purchaser”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1108109/000119312526094191/0001193125-26-094191-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Freeman-Oak Hill Health System, d/b/a Freeman Health System"},{"label":"Value","value":"$112,000,000"},{"label":"Effective","value":"2026-03-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}