COMMUNITY HEALTH SYSTEMS INC (CYH): M&A transaction — Community Health Systems closes sale of four Arkansas hospitals for $110M cash to Freeman Health System

COMMUNITY HEALTH SYSTEMS INC

Sold Northwest Medical Center Bentonville, Springdale, Willow Creek Women's, and Siloam Springs Regional hospitals plus outpatient centers for $110M, subject to working capital adjustments.
Pro forma net loss on sale of $48M after tax ($55M pre-tax), includes $3M transaction expenses.
Divested assets contributed $111M revenue in Q1 2026 and $415M in FY2025; operations not classified as discontinued.
Transaction completed June 1, 2026; previously disclosed on March 5, 2026.
Leerink Partners acted as exclusive financial advisor to CHS.

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 Freeman-Oak Hill Health System, d/b/a Freeman Health System for $110 million in cash (closed 2026-06-01).

Action: disposition
Counterparty: Freeman-Oak Hill Health System, d/b/a Freeman Health System
Consideration: $110 million in cash
Closing: 2026-06-01

Exact text from the filing

the closing of the Transaction, after giving effect to estimated working capital, the assumption of finance leases by the Purchaser and before certain transaction expenses, was $110 million in cash (subject to a post-closing working capital adjustment). The foregoing summary of the Transaction and the terms and conditions of the Purchase Agreement is subject to, and

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Source: SEC EDGAR

accession 0001193125-26-251540

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