05:35 PM EDT, 07/22/2025 (MT Newswires) -- Community Health Systems ( CYH ) said late Tuesday its subsidiary agreed to sell select ambulatory outreach laboratory assets in 13 states to Labcorp ( LH ) for $195 million in cash.

The deal includes certain patient service centers and in-office phlebotomy sites, with Labcorp ( LH ) also assuming select leases.

The transaction is expected to close in Q4, the company said.