By Stephen Nakrosis
Community Health Systems said Friday it agreed to sell ShorePoint Health Port Charlotte in Port Charlotte, Fla., and other assets to subsidiaries of Adventist Health System Sunbelt Healthcare for $265 million in cash.
The sale also includes certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Fla., and certain ancillary businesses related to the facilities, Community Health said.
Due to the effects of Hurricane Helene and Hurricane Milton, the Punta Gorda hospital has indefinitely suspended inpatient operations, according to Community Health.
The deal is expected to close in the first half of next year.
Community Health said its subsidiaries own or lease 69 affiliated hospitals with more than 11,000 beds and operate more than 1,000 sites of care.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 22, 2024 16:50 ET (21:50 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。