{"id":62089,"date":"2025-10-25T01:03:05","date_gmt":"2025-10-24T23:03:05","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/community-health-systems-announces-definitive-agreement-to-sell-three-pennsylvania-hospitals-to-tenor-health-foundation\/"},"modified":"2025-10-25T01:03:05","modified_gmt":"2025-10-24T23:03:05","slug":"community-health-systems-announces-definitive-agreement-to-sell-three-pennsylvania-hospitals-to-tenor-health-foundation","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/community-health-systems-announces-definitive-agreement-to-sell-three-pennsylvania-hospitals-to-tenor-health-foundation\/","title":{"rendered":"Community Health Systems Announces Definitive Agreement to Sell Three Pennsylvania Hospitals to Tenor Health Foundation"},"content":{"rendered":"
\n

FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, Pennsylvania, 369-bed Wilkes-Barre General Hospital in Wilkes-Barre, Pennsylvania, and certain related businesses to affiliates of Tenor Health Foundation.<\/p>\n

<\/a>
<\/a><\/p>\n

\nSince the previously announced divestiture to WoodBridge Healthcare, Inc. was terminated in November 2024, CHS representatives have worked in collaboration with the office of Pennsylvania Governor Josh Shapiro and members of the state General Assembly to identify another operator to sustain the Scranton operations and care for the community. Exhaustive outreach was made to regional and national organizations.<\/p>\n

\nThe transaction is subject to customary regulatory approvals and closing conditions, and is contingent on Tenor Health Foundation finalizing funding. Once funding is secured, the transaction is expected to close very soon thereafter within the fourth quarter this year. Terms are not being disclosed.<\/p>\n

\nThe hospitals included in this transaction are among the additional potential divestitures discussed on the Company\u2019s third quarter 2025 earnings call.<\/p>\n

\nAbout Community Health Systems, Inc.<\/b><\/p>\n

\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 70 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. The Company\u2019s 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 \u201cCYH.\u201d More information about the Company can be found on its website at www.chs.net<\/a>.<\/p>\n

Contacts<\/b> <\/p>\n

\nMedia Contact:<\/b>
Tomi Galin
\n
Executive Vice President, Corporate Communications, Marketing and Public Affairs
\n
615-628-6607<\/p>\n

\nInvestor Contacts:<\/b>
Kevin Hammons
\n
President and Interim Chief Executive Officer
\n
615-465-7000<\/p>\n

\nAnton Hie
\n
Vice President \u2013 Investor Relations
\n
615-465-7012<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, Pennsylvania, 369-bed Wilkes-Barre General Hospital in Wilkes-Barre, Pennsylvania, and certain related businesses to affiliates of Tenor Health Foundation. Since … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-62089","6":"format-standard","7":"category-industry"},"yoast_head":"\nCommunity Health Systems Announces Definitive Agreement to Sell Three Pennsylvania Hospitals to Tenor Health Foundation - Pharma Trend<\/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:\/\/pharma-trend.com\/en\/community-health-systems-announces-definitive-agreement-to-sell-three-pennsylvania-hospitals-to-tenor-health-foundation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Community Health Systems Announces Definitive Agreement to Sell Three Pennsylvania Hospitals to Tenor Health Foundation - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"FRANKLIN, Tenn.–(BUSINESS WIRE)–Community Health Systems, Inc. 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