CYH News & Events

Community Health Systems is steadily growing its network of ambulatory surgery centers offering same-day surgical care. In the first part of 2026 alone, subsidiaries opened de novo centers in Birmingham and Foley, Alabama, and acquired a majority ownership interest in a center in Anchorage, Alaska, increasing the count to 36 affiliated ASCs. The ASC count will soon grow to 37, as a subsidiary of the Company recently signed definitive agreements to acquire a majority ownership interest in Surgical Clinic Solutions, LLC dba Surgical Institute of Alabama in Vestavia, Alabama. The freestanding SIA performs more than 8,000 cases per year and is the largest multi-specialty surgery center in Alabama. Located in a Birmingham suburb, SIA has six operating rooms, two procedure rooms, nine pre-op and nine post-acute beds. Surgical specialists practicing at SIA deliver neurospine, orthospine, orthopedics, total joint reconstruction, general, urology and pain management procedures. The SIA transaction is expected to close in the second quarter of 2026, subject to customary closing conditions. Terms of the transaction remain confidential. When the SIA transaction is complete, CHS affiliate Grandview Health in Birmingham, Alabama, will have four ambulatory surgery centers offering the convenience of outpatient surgical services. Birmingham Musculoskeletal Institute at Grandview Health, which opened in April 2026, joined Grandview Urology Surgery Center and Grandview Endoscopy Center on the campus of Grandview Medical Center.

Community Health Systems announced that a subsidiary of the Company has completed the divestiture of substantially all of the assets of 180-bed Crestwood Medical Center in Huntsville, Alabama, and its associated outpatient centers and practices, to Huntsville Hospital Health System for $459 million, before certain transaction expenses. The entry into the definitive agreement for this transaction was announced on January 20, 2026, and the closing was effective April 1, 2026. This transaction is among the additional potential divestitures discussed on the Company's fourth quarter and end of year 2025 earnings call and in subsequent public appearances.

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.