Friday, October 12, 2018
Community Health Systems, Inc announced today that subsidiaries of the Company have signed a definitive agreement to sell the two-hospital Mary Black Health System and related businesses, including physician clinic operations and outpatient services, to Spartanburg Regional Healthcare System in Spartanburg, S.C. The transaction is expected to close in the fourth quarter of 2018, subject to customary regulatory approvals and closing conditions.
The 207-bed Mary Black Health System – Spartanburg in Spartanburg, S.C., and 125-bed Mary Black Health System – Gaffney in Gaffney, S.C., are among the additional planned divestitures discussed on the Company’s second quarter 2018 earnings call.
When the transaction is complete, Community Health Systems affiliates will continue to operate four hospitals in South Carolina.
