Community Health Systems Announces Definitive Agreement to Sell Three Pennsylvania Hospitals to WoodBridge Healthcare Inc.
Community Health Systems (NYSE: CYH) has announced a definitive agreement to sell three Pennsylvania hospitals and related businesses to WoodBridge Healthcare for $120 million. The deal includes:
- 186-bed Regional Hospital of Scranton
- 122-bed Moses Taylor Hospital in Scranton
- 369-bed Wilkes-Barre General Hospital in Wilkes-Barre
The transaction price includes a $10 million prepayment for IT transition services and is subject to adjustments. The sale is expected to close in Q4 2024, pending regulatory approvals and closing conditions. This divestiture aligns with CYH's strategy discussed in their Q2 2024 earnings call.
Community Health Systems (NYSE: CYH) ha annunciato un accordo definitivo per vendere tre ospedali in Pennsylvania e attività correlate a WoodBridge Healthcare per 120 milioni di dollari. L'accordo include:
- Ospedale Regionale di Scranton da 186 posti letto
- Ospedale Moses Taylor a Scranton da 122 posti letto
- Ospedale Generale di Wilkes-Barre da 369 posti letto a Wilkes-Barre
Il prezzo della transazione include un anticipo di 10 milioni di dollari per i servizi di transizione IT ed è soggetto ad aggiustamenti. Si prevede che la vendita si chiuda nel Q4 2024, in attesa delle approvazioni regolatorie e delle condizioni di chiusura. Questa dismissione è in linea con la strategia di CYH discussa nella loro call sugli utili del Q2 2024.
Community Health Systems (NYSE: CYH) ha anunciado un acuerdo definitivo para vender tres hospitales en Pensilvania y negocios relacionados a WoodBridge Healthcare por 120 millones de dólares. El acuerdo incluye:
- Hospital Regional de Scranton con 186 camas
- Hospital Moses Taylor en Scranton con 122 camas
- Hospital General de Wilkes-Barre en Wilkes-Barre con 369 camas
El precio de la transacción incluye un pago anticipado de 10 millones de dólares por servicios de transición de TI y está sujeto a ajustes. Se espera que la venta se cierre en el Q4 2024, pendiente de aprobaciones regulatorias y condiciones de cierre. Esta desinversión se alinea con la estrategia de CYH discutida en su llamada de resultados del Q2 2024.
커뮤니티 헬스 시스템(뉴욕증권거래소: CYH)이 펜실베이니아의 세 개 병원과 관련 사업을 우드브리지 헬스케어에 1억 2천만 달러에 판매하기로 한 최종 계약을 발표했습니다. 거래에는 다음이 포함됩니다:
- 스크랜턴의 186병상 지역 병원
- 스크랜턴의 122병상 모세 테일러 병원
- 윌크스-바레의 369병상 일반 병원
거래 가격에는 IT 전환 서비스에 대한 천만 달러 선불이 포함되어 있으며 조정이 있을 수 있습니다. 이 판매는 규제 승인을 받고 마감 조건을 충족하는 대로 2024년 4분기에 마감될 것으로 예상됩니다. 이 매각은 CYH가 2024년 2분기 실적 전화회의에서 논의한 전략과 일치합니다.
Community Health Systems (NYSE: CYH) a annoncé un accord définitif pour vendre trois hôpitaux en Pennsylvanie et des activités connexes à WoodBridge Healthcare pour 120 millions de dollars. L'accord comprend :
- Hôpital régional de Scranton avec 186 lits
- Hôpital Moses Taylor à Scranton avec 122 lits
- Hôpital général de Wilkes-Barre à Wilkes-Barre avec 369 lits
Le prix de la transaction comprend un prépaiement de 10 millions de dollars pour des services de transition informatique et est soumis à des ajustements. La vente devrait être finalisée au Q4 2024, sous réserve des autorisations réglementaires et des conditions de clôture. Cette cession s'aligne avec la stratégie de CYH discutée lors de leur appel de résultats du Q2 2024.
Community Health Systems (NYSE: CYH) hat eine endgültige Vereinbarung bekannt gegeben, um drei Krankenhäuser und damit verbundene Geschäfte in Pennsylvania für 120 Millionen Dollar an WoodBridge Healthcare zu verkaufen. Der Vertrag umfasst:
- Das 186-Betten-Regionalkrankenhaus in Scranton
- Das 122-Betten-Moses-Taylor-Krankenhaus in Scranton
- Das 369-Betten-Allgemeinkrankenhaus in Wilkes-Barre
Der Transaktionspreis beinhaltet eine 10 Millionen Dollar Vorauszahlung für IT-Übergangsdienste und unterliegt Anpassungen. Der Verkauf wird voraussichtlich im Q4 2024 abgeschlossen, vorbehaltlich der regulatorischen Genehmigungen und Abschlussbedingungen. Diese Veräußerung steht im Einklang mit der Strategie von CYH, die in ihrer Q2 2024 Ergebnisbesprechung erörtert wurde.
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The transaction is expected to close in the fourth quarter of this year, subject to customary regulatory approvals and closing conditions.
The hospitals included in this transaction are among the additional potential divestitures discussed on the Company’s second quarter 2024 earnings call.
About Community Health Systems, Inc.
Community Health Systems, Inc. is one of the nation’s largest healthcare companies. The Company’s affiliates are leading providers of healthcare services, developing and operating healthcare delivery systems in 40 distinct markets across 15 states. The Company’s subsidiaries own or lease 71 affiliated hospitals with more than 11,000 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’s headquarters are located in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240730982063/en/
Media:
Tomi Galin
Executive Vice President, Corporate Communications, Marketing and Public Affairs
(615) 628-6607
Investor:
Kevin Hammons
President and Chief Financial Officer
(615) 465-7000
Anton Hie
Vice President – Investor Relations
(615) 465-7012
Source: Community Health Systems, Inc.
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