Community Health Systems, Inc. (Company) (NYSE: CYH) announces that its subsidiary, CHS/Community Health Systems, Inc. (CHS), has entered into a definitive agreement with Labcorp (NYSE: LH), pursuant to which Labcorp will acquire select assets and assume certain leases of the ambulatory outreach laboratory services of CHS health systems in 13 states, including certain patient service centers and in-office phlebotomy locations, for $195 million cash. When the transaction is complete, CHS patients and providers will benefit from broader access to Labcorp’s comprehensive testing and laboratory services, including its specialty testing menu, robust data analytics and digital tools.
Read the full article: Community Health Systems Announces Definitive Agreement to Sell Select Outreach Laboratory Assets to Labcorp //
Source: https://www.businesswire.com/news/home/20250722880458/en/Community-Health-Systems-Announces-Definitive-Agreement-to-Sell-Select-Outreach-Laboratory-Assets-to-Labcorp