{"id":832400,"date":"2025-04-01T12:41:33","date_gmt":"2025-04-01T16:41:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/community-health-systems-completes-divestiture-of-mooresville-north-carolina-hospital-to-duke-health\/"},"modified":"2025-04-01T12:41:33","modified_gmt":"2025-04-01T16:41:33","slug":"community-health-systems-completes-divestiture-of-mooresville-north-carolina-hospital-to-duke-health","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/community-health-systems-completes-divestiture-of-mooresville-north-carolina-hospital-to-duke-health\/","title":{"rendered":"Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Community Health Systems Completes Divestiture of <\/b><b>Mooresville, North Carolina Hospital to Duke Health<\/b><\/p>\n<p>FRANKLIN, Tenn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCommunity Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025.\n<\/p>\n<p><b>About Community Health Systems, Inc.<\/b><\/p>\n<p>\nCommunity Health Systems, Inc. is one of the nation\u2019s largest healthcare companies. The Company\u2019s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. The Company\u2019s subsidiaries own or lease 72 affiliated hospitals with more than 10,000 beds and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol \u201cCYH.\u201d The Company\u2019s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. More information about the Company can be found on its website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.chs.net%2F&amp;esheet=54231543&amp;newsitemid=20250401725539&amp;lan=en-US&amp;anchor=www.chs.net&amp;index=1&amp;md5=40c65efb7b9e737c4237eef021f5b9b9\">www.chs.net<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250401725539r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250401725539\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250401725539\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Tomi Galin<br \/>\n<br \/>Executive Vice President, Corporate Communications, Marketing and Public Affairs<br \/>\n<br \/>615-628-6607\n<\/p>\n<p><b>Investor Contacts:<br \/>\n<\/b><br \/>Kevin Hammons<br \/>\n<br \/>President and Chief Financial Officer<br \/>\n<br \/>615-465-7000\n<\/p>\n<p>\nAnton Hie<br \/>\n<br \/>Vice President \u2013 Investor Relations<br \/>\n<br \/>615-465-7012\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America North Carolina Tennessee<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Other Health Hospitals Health Practice Management Nursing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250401725539\/en\/1039794\/3\/CYH.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health FRANKLIN, Tenn.&#8211;(BUSINESS WIRE)&#8211; Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the nation\u2019s largest healthcare companies. The Company\u2019s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. The Company\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/community-health-systems-completes-divestiture-of-mooresville-north-carolina-hospital-to-duke-health\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832400","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/community-health-systems-completes-divestiture-of-mooresville-north-carolina-hospital-to-duke-health\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Community Health Systems Completes Divestiture of Mooresville, North Carolina Hospital to Duke Health FRANKLIN, Tenn.&#8211;(BUSINESS WIRE)&#8211; Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the nation\u2019s largest healthcare companies. The Company\u2019s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. 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(NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the nation\u2019s largest healthcare companies. The Company\u2019s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 36 distinct markets across 14 states. 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