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On the Record · Community Health Systems

Community Health Systems acquisitions, on the record

The businesses Community Health Systems bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Lake Norman Regional Medical Center and Davis Regional Medical Center
Word for word“On February 28, 2023, we entered into a definitive agreement for the sale of substantially all of the assets of Lake Norman Regional Medical Center (123 licensed beds) in Mooresville, North Carolina, and Davis Regional Medical Center (144 licensed beds) in Statesville, North Carolina, to Novant Health, Inc.” 10-K for 2023
agreed divestitureFebruary 28, 2023—
Greenbrier Valley Medical Center
Word for word“Greenbrier Valley Medical Center Vandalia Health, Inc. Ronceverte, WV 122 January 1, 2023 Plateau Medical Center Vandalia Health, Inc. Oak Hill, WV 25 April 1, 2023 Medical Center of South Arkansas SARH Holdings, Inc. El Dorado, AR 166 July 1, 2023 Lutheran Rehabilitation Hospital Select Medical Corporation Fort Wayne, IN 36 September 1, 2023 AllianceHealth Ponca City Integris Health Ponca City, OK 140 November 1, 2023 AllianceHealth Woodward Integris Health Woodward, OK 87 November 1, 2023 Bravera Health Brooksville Tampa General Hospital Brooksville, FL 120 December 1, 2023 Bravera Health Spring Hill Tampa General Hospital Spring Hill, FL 124 December 1, 2023 Bravera Health Seven Rivers Tampa General Hospital Crystal River, FL 128 December 1, 2023” 10-K for 2023
divestitureJanuary 1, 2023—
Eight hospitals divested in 2023 and one hospital majority interest sale
Word for word“During 2023, we completed the divestiture of eight hospitals and the sale of a majority interest in one hospital.” 10-K for 2023
divestitureDuring 2023—
AllianceHealth Seminole
Word for word“2022 Divestiture: AllianceHealth Seminole SSM Health Care of Oklahoma, Inc. Seminole, OK 32 July 1, 2022” 10-K for 2023
divestitureJuly 1, 2022—
Five hospitals divested in 2021
Word for word“During 2021, we completed the divestiture of five hospitals, including three which closed effective January 1, 2021 (for these hospitals we received net proceeds at a preliminary closing on December 31, 2020).” 10-K for 2023
divestitureDuring 2021—
Macon Healthcare, LLC (unconsolidated equity interests)
Word for word“On July 30, 2021, we sold our unconsolidated equity interests in Macon Healthcare, LLC, a joint venture with certain subsidiaries of HCA representing two hospitals in Macon, Georgia, in which we owned a 38% interest.” 10-K for 2023
divestitureJuly 30, 2021—
Physician practices, clinics, ambulatory surgery centers and other ancillary businesses
Word for word“During the year ended December 31, 2023, we paid approximately $38 million to acquire the operating assets and related businesses of certain physician practices, clinics, ambulatory surgery centers and other ancillary businesses that operate within the communities served by our hospitals.” 10-K for 2023
acquisitionDuring the year ended December 31, 2023approximately $38 million
two hospitals
Word for word“During 2024, we completed the divestiture of two hospitals.” 10-K for 2024
divestitureDuring 2024—
Tennova Healthcare - Cleveland
Word for word“Tennova Healthcare - Cleveland Hamilton Health Care Systems, Inc. Cleveland, TN 351 August 1, 2024 Davis Regional Medical Center Iredell Memorial Hospital Statesville, NC 144 October 1, 2024 2023 Divestitures: Greenbrier Valley Medical Center Vandalia Health, Inc. Ronceverte, WV 122 January 1, 2023 Plateau Medical Center Vandalia Health, Inc. Oak Hill, WV 25 April 1, 2023 Medical Center of South Arkansas SARH Holdings, Inc. El Dorado, AR 166 July 1, 2023 Lutheran Rehabilitation Hospital Select Medical Corporation Fort Wayne, IN 36 September 1, 2023 AllianceHealth Ponca City Integris Health Ponca City, OK 140 November 1, 2023 AllianceHealth Woodward Integris Health Woodward, OK 87 November 1, 2023 Bravera Health Brooksville Tampa General Hospital Brooksville, FL 120 December 1, 2023 Bravera Health Spring Hill Tampa General Hospital Spring Hill, FL 124 December 1, 2023 Bravera Health Seven Rivers Tampa General Hospital Crystal River, FL 128 December 1, 2023 2022 Divestiture: AllianceHealth Seminole SSM Health Care of Oklahoma, Inc. Seminole, OK 32 July 1, 2022 55 During the three months ended September 30, 2022, we completed the closure of Shorepoint Health Venice hospital (312 licensed beds) in Venice, Florida.” 10-K for 2024
divestitureAugust 1, 2024—
Davis Regional Medical Center
Word for word“Davis Regional Medical Center Iredell Memorial Hospital Statesville, NC 144 October 1, 2024 2023 Divestitures: Greenbrier Valley Medical Center Vandalia Health, Inc. Ronceverte, WV 122 January 1, 2023 Plateau Medical Center Vandalia Health, Inc. Oak Hill, WV 25 April 1, 2023 Medical Center of South Arkansas SARH Holdings, Inc. El Dorado, AR 166 July 1, 2023 Lutheran Rehabilitation Hospital Select Medical Corporation Fort Wayne, IN 36 September 1, 2023 AllianceHealth Ponca City Integris Health Ponca City, OK 140 November 1, 2023 AllianceHealth Woodward Integris Health Woodward, OK 87 November 1, 2023 Bravera Health Brooksville Tampa General Hospital Brooksville, FL 120 December 1, 2023 Bravera Health Spring Hill Tampa General Hospital Spring Hill, FL 124 December 1, 2023 Bravera Health Seven Rivers Tampa General Hospital Crystal River, FL 128 December 1, 2023 2022 Divestiture: AllianceHealth Seminole SSM Health Care of Oklahoma, Inc. Seminole, OK 32 July 1, 2022 55 During the three months ended September 30, 2022, we completed the closure of Shorepoint Health Venice hospital (312 licensed beds) in Venice, Florida.” 10-K for 2024
divestitureOctober 1, 2024—
eight hospitals and the sale of a majority interest in one hospital
Word for word“During 2023, we completed the divestiture of eight hospitals and the sale of a majority interest in one hospital.” 10-K for 2024
divestitureDuring 2023—
one hospital
Word for word“During 2022, we completed the divestiture of one hospital.” 10-K for 2024
divestitureDuring 2022—
Merit Health Biloxi 50% interest, sold to an affiliate of Memorial Hospital of Gulfport
Word for word“On November 7, 2024, we entered into a definitive agreement to sell our 50% interest in Merit Health Biloxi (153 licensed beds) in Biloxi, Mississippi, to an affiliate of Memorial Hospital of Gulfport, which had a preexisting 50% ownership interest in Merit Health Biloxi.” 10-K for 2024
agreed divestiture——
ShorePoint Health Port Charlotte and ShorePoint Health Punta Gorda
Word for word“As previously disclosed in a Current Report on Form 8-K, on November 22, 2024, we entered into a definitive agreement to sell ShorePoint Health Port Charlotte (254 licensed beds) in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda (208 licensed beds) in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation.” 10-K for 2024
agreed divestiture——
ambulatory outreach business (laboratory outreach) sold to Laboratory Corporation of America Holdings
Word for word“In addition, on December 1, 2025, we completed a transaction pursuant to which Laboratory Corporation of America Holdings acquired select assets and assumed certain leases of the ambulatory outreach business of the Company’s subsidiaries across 13 states, including certain patient service centers and in-office phlebotomy locations, for a total purchase price paid to us at the closing of approximately $194 million of cash, before transaction expenses.” 10-K for 2025
divestitureDecember 1, 2025approximately $194 million of cash
Crestwood Medical Center and ancillary businesses, Huntsville, Alabama
Word for word“In addition on January 20, 2026, we entered into a definitive agreement pursuant to which The Health Care Authority of the City of Huntsville (d/b/a Huntsville Hospital Health System) agreed to acquire substantially all of the assets, and assume certain liabilities, from us related to Crestwood Medical Center (180 licensed beds) in Huntsville, Alabama, and ancillary businesses for $450 million of cash, subject to adjustment for net working capital and any finance leases assumed.” 10-K for 2025
agreed divestitureJanuary 20, 2026$450 million of cash
Regional Hospital of Scranton, Moses Taylor Hospital and Wilkes-Barre General Hospital
Word for word“These dispositions were completed on February 1, 2026.” 10-K for 2025
divestitureFebruary 1, 2026—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$123 million$71 million
2017-12-31$6 million$5 million
2018-12-31$26 million$22 million
2019-12-31$13 million$4 million
2020-12-31$1 million$1 million
2021-12-31$3 million$5 million
2022-12-31$9 million$11 million
2023-12-31$38 million$23 million
2024-12-31$25 million$24 million
2025-12-31$1 million$2 million

Deal filings since 2016

Read from Community Health Systems’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.