secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2026-06-01T20:30:16+00:00
Accession:  0001193125-26-251540
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Health Systems closes sale of four Arkansas hospitals for $110M cash to Freeman Health System
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526251540/0001193125-26-251540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312526251540/cyh-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-251540

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer