Community Health Systems may sell more than $1 billion of facilities in the next few years as it tries to improve its bottom line. The possible divestitures are in a handful of markets, and at least one is expected to close by the end of the year, President and Chief Financial Officer Kevin Hammons told analysts on Wednesday’s fourth-quarter earnings call.
Read the full article: Community Health Systems Considers Selling $1B of Facilities //
Source: https://www.modernhealthcare.com/finance/community-health-systems-facility-sales-tim-hingtgen