Community Health Systems Sells Clarksville Hospital Stake to Vanderbilt for $623 Million

Reuters

Feb 02

Community Health Systems Sells Clarksville Hospital Stake to Vanderbilt for $623 Million

Community Health Systems has completed the sale of its 80% ownership interests in two joint ventures, which include the 270-bed Tennova Healthcare - Clarksville and related ancillary businesses in Clarksville, Tennessee, to Vanderbilt University Medical Center (VUMC) for $623 million before certain transaction expenses. VUMC, which previously held minority interests in these joint ventures, has now acquired full ownership through this transaction. Additionally, approximately $23 million owed to the joint ventures was distributed to VUMC subsidiaries at the closing, which was effective February 1, 2026. The agreement for this transaction was previously announced on October 30, 2025.

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: 20260202944629) on February 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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