Community Health Systems, Inc. has completed the divestiture of three Pennsylvania hospitals—Regional Hospital of Scranton, Moses Taylor Hospital in Scranton, and Wilkes-Barre General Hospital in Wilkes-Barre—along with certain related businesses, to affiliates of Tenor Health Foundation. The transaction includes $33 million in cash and a $15 million promissory note from the buyer, with the possibility of additional cash payments based on collections of certain patient accounts receivable during the 90-day period following the closing. The entry into the definitive agreement was announced on October 24, 2025, and the transaction closed effective February 1, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CHS - Community Health Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260202723860) on February 02, 2026, and is solely responsible for the information contained therein.