CHS strikes a deal to sell another hospital

Franklin-based Community Health Systems Inc. has signed a definitive agreement to sell another of its hospitals. CHS has agreed to sell the 120-bed Bayfront Health Dade City, located in Florida, to subsidiaries of Adventist Health System, according to a news release. The deal is expected to close in the first quarter of 2018; terms were not disclosed. The hospital giant (NYSE: CYH) has had a difficult coupl e of years following its $7.6 billion acquisition of Florida-based Health Management Associates.…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news