FRANKLIN, Tenn.--(BUSINESS WIRE)--Aug. 31, 2017--
Community Health Systems, Inc. (NYSE:CYH) announced today that
subsidiaries of the Company have completed the sale of two Washington
hospitals, 214-bed Yakima Regional Medical & Cardiac Center in Yakima
and 63-bed Toppenish Community Hospital in Toppenish, to Regional
Health. The effective date of the transaction is September 1, 2017.
The two hospitals included in this transaction are part of the 30
planned hospital divestitures discussed on the Company’s second quarter
2017 earnings call.
About Community Health Systems, Inc.
Community Health
Systems, Inc. is one of the largest publicly traded hospital companies
in the United States and a leading operator of general acute care
hospitals in communities across the country. The Company, through its
subsidiaries, owns, leases or operates 135 affiliated hospitals in 20
states with an aggregate of approximately 22,000 licensed beds. The
Company’s headquarters are located in Franklin, Tennessee, a suburb
south of Nashville. Shares in Community Health Systems, Inc. are traded
on the New York Stock Exchange under the symbol “CYH.” More information
about the Company can be found on its website at www.chs.net.
Forward-Looking Statements
Statements contained in this news
release regarding potential transactions, operating results, and other
events are forward-looking statements that involve risk and
uncertainties. Actual future events or results may differ materially
from these statements. Readers are referred to the documents filed by
Community Health Systems, Inc. with the Securities and Exchange
Commission, including the Company’s annual report on Form 10-K, current
reports on Form 8-K and quarterly reports on Form 10-Q. These filings
identify important risk factors and other uncertainties that could cause
actual results to differ from those contained in the forward-looking
statements. The Company undertakes no obligation to revise or update any
forward-looking statements, or to make any other forward-looking
statements, whether as a result of new information, future events or
otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170831006249/en/
Source: Community Health Systems, Inc.
Community Health Systems, Inc.
Investor Contacts:
Thomas J.
Aaron, 615-465-7000
Executive Vice President and Chief Financial
Officer
or
Ross W. Comeaux, 615-465-7012
Vice President –
Investor Relations
or
Media Contact:
Tomi Galin,
615-628-6607
Senior Vice President, Corporate Communications,
Marketing and Public Affairs
