Community Health Sells Four Hospitals' Assets for $112M
Community Health has signed a definitive agreement to sell substantially all of the assets of 128-bed Northwest Medical Center - Bentonville, in Bentonville, Arkansas, 222-bed Northwest Medical Center - Springdale in Springdale, Arkansas, 64-bed Northwest Medical Center - Willow Creek Women's Hospital in Johnson, Arkansas, and 73-bed Siloam Springs Regional Hospital in Siloam Springs, Arkansas, and the associated outpatient centers and practices, to Freeman Health System for $112M. The transaction is expected to close in Q2.