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Community Health Systems Completes Divestitures of Hospitals Located in Davenport and Lake Wales, Florida

Saturday, August 31, 2019

Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestitures of 193-bed Heart of Florida Regional Medical Center in Davenport, Fla., and 160-bed Lake Wales Medical Center in Lake Wales, Fla., along with their respective assets, physician clinic operations and outpatient services to affiliates of AdventHealth. The transactions are effective September 1, 2019.

The hospitals included in these transactions are among the additional planned divestitures discussed on the Company’s second quarter 2019 earnings call.