Community Health Systems Sells North Carolina Medical Center for $284 Million

MT Newswires Live

2025/04/01

Community Health Systems (CYH) said Tuesday it has sold Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses to Duke University Health System for $284 million.

The deal was announced in December 2024 and finalized on Tuesday, the company said.

Shares of Community Health Systems fell more than 1% in recent trading.

Price: 2.66, Change: -0.05, Percent Change: -1.67

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