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Community Health Systems to Sell Tennessee Hospital
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Community Health Systems to Sell Tennessee Hospital
Apr 18, 2024 3:14 PM

05:53 PM EDT, 04/18/2024 (MT Newswires) -- Community Health Systems ( CYH ) said late Thursday it agreed to sell the 351-bed Tennova Healthcare hospital in Cleveland, Tennessee, and certain related businesses to Hamilton Health Care System affiliates for $160 million in cash.

The company said it may receive additional consideration following the transaction, subject to potential changes to certain supplemental reimbursement programs.

Community Health ( CYH ) expects the deal to close in Q3.

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