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Community Health Systems Completes $436 Million Sale of 80% Stake in Cedar Park Regional Medical Center
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Community Health Systems Completes $436 Million Sale of 80% Stake in Cedar Park Regional Medical Center
Jul 1, 2025 7:13 AM

09:55 AM EDT, 07/01/2025 (MT Newswires) -- Community Health Systems ( CYH ) said Tuesday that its subsidiaries have completed the sale of their 80% stake in Cedar Park Regional Medical Center and ancillary businesses in Cedar Park, Texas to Ascension Health units for $436 million.

Concurrently, the Community Health ( CYH ) subsidiaries paid the Ascension Health units about $23 million that was owed to Cedar Park Regional Medical Center, according to the statement.

Community Health ( CYH ) said Ascension held a minority interest in the medical center prior to the transaction.

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