Community Health Systems loses $120 million deal to sell three Pennsylvania hospitals
Community Health Systems’ deal to sell three of its hospitals has died. The $120 million deal with WoodBridge Healthcare for three of the Franklin-based hospital system’s Pennsylvania hospitals was terminated on Nov. 22, according to a Nov. 26 U.S. and Securities and Exchange Commission filing.
Community Health Systems nixes $120M deal to sell 3 hospitals
Franklin, Tennessee-headquartered Community Health Systems said it is evaluating future options for the facilities.
Community Health Systems Terminates Purchase Agreement With WoodBridge
Community Health Systems said Tuesday the deal was terminated because of WoodBridge's inability to satisfy the purchase agreement's funding requirements because of developments affecting the expected proceeds available to WoodBridge from the issuance of publicly offered tax-exempt and taxable bonds.
Community Health, Woodbridge to terminate Asset Purchase Agreement
Systems provided an update on the planned divestiture of Commonwealth Health System in Pennsylvania. On November 22,
Wells Fargo Downgrades Community Health Systems (CYH)
Fintel reports that on November 25, 2024, Wells Fargo downgraded their outlook for Community Health Systems (NYSE:CYH) from Equal-Weight to Underweight. Analyst Price Forecast Suggests 46.01% Upside As of November 21,
WoodBridge acquisition of Commonwealth Health terminated
WoodBridge acquisition of Commonwealth Health terminated
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Acquisition of local Commonwealth Health hospitals called off
Community Health Systems (CHS) and WoodBridge Healthcare have mutually agreed to terminate the deal for WoodBridge to acquire ...
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Community Health to Sell Florida Hospital to AdventHealth for $265M
Community Health Systems, Inc. CYH unveiled that some of its subsidiaries signed a definitive deal to divest Florida-based ...
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Community Health Ends Hospital Sale Agreement
Don't Miss our Black Friday Offers: An update from Community Health ( (CYH)) is now available. Community Health Systems, Inc. (CHS) and WoodBridge Healthcare, Inc. have mutually agreed to ...
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Community Health Systems to sell ShorePoint operations for $265M
Community Health Systems signed a definitive agreement to sell Florida-based ShorePoint Health System to AdventHealth ...
Sale of area Commonwealth Health campuses called off
Several Commonwealth Health campuses in Lackawanna and Luzerne counties were involved in the sale, which has now been called ...
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Pennsylvania health system sale collapses
Community Health Systems' $120M sale of Commonwealth Health to nonprofit collapses, ending CHS' exit from Pennsylvania.
Community Health Systems to sell hospital to Florida-based AdventHealth
CHS has entered into an agreement to sell Florida-based ShorePoint Health Port Charlotte, certain assets of ShorePoint Health ...
Commonwealth Health sale collapses after nonprofit buyer fails to secure financing
An agreement that would have seen the nonprofit WoodBridge Healthcare purchase Commonwealth Health and its financially struggling hospitals collapsed after the would-be buyer was unable to secure bond ...