Buyer: Private Buyer
Seller: Community Health Systems
Community Health Systems Inc (CHS) (Franklin, TN) announced that subsidiaries of the company have completed the sale of two hospitals, 214-bed Yakima Regional Medical & Cardiac Center (Yakima, WA) and 63-bed Toppenish Community Hospital (Toppenish, WA) to Regional Health. The transaction is effective September 1, 2017. The two hospitals included in this transaction are part of the 30 planned hospital divestitures discussed on the company’s Q2 2017 earnings call.