Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announces that its subsidiary, CHS/Community Health Systems, Inc. (CHS), has completed the sale of select assets of the ambulatory outreach laboratory services of CHS-affiliated health systems in 13 states, including certain patient service centers and in-office phlebotomy locations, to Labcorp (NYSE: LH) for approximately $194 million cash, before certain transaction expenses. The CHS-affiliated health systems will continue to operate their inpatient and emergency department laboratories and provide laboratory services for hospital-based services, such as imaging and pre-admission testing.
Read the full article: Community Health Systems Completes Sale of Select Outreach Laboratory Assets to Labcorp //
Source: https://www.businesswire.com/news/home/20251202307359/en/Community-Health-Systems-Completes-Sale-of-Select-Outreach-Laboratory-Assets-to-Labcorp