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Community Health Completes Major Clarksville Joint Venture Sale

Story Highlights
  • Community Health Systems sold its 80% stake in Clarksville joint ventures to Vanderbilt University Medical Center.
  • The divestiture yielded $623 million in cash plus a $23 million settlement payment and is treated as a significant disposition with pro forma impacts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Community Health Completes Major Clarksville Joint Venture Sale

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Community Health ( (CYH) ) just unveiled an update.

On February 1, 2026, a subsidiary of Community Health Systems completed the sale of its 80% ownership interest in joint ventures that own and operate Tennova Healthcare – Clarksville and certain ancillary businesses in Clarksville, Tennessee, to Vanderbilt University Medical Center and its affiliates, which had previously held a minority stake. The transaction generated $623 million in cash proceeds for the CHS selling entity, subject to post-closing working capital adjustments, and CHS subsidiaries concurrently paid about $23 million in cash to the purchaser to settle amounts owed to the joint ventures, representing a significant disposition for the company that will be reflected in unaudited pro forma financial information filed with regulators.

The most recent analyst rating on (CYH) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Community Health stock, see the CYH Stock Forecast page.

Spark’s Take on CYH Stock

According to Spark, TipRanks’ AI Analyst, CYH is a Neutral.

Community Health’s overall stock score reflects a mix of positive earnings call outcomes and corporate events, offset by financial risks and neutral technical indicators. The stock’s undervaluation is a potential opportunity, but high leverage and negative equity require cautious consideration.

To see Spark’s full report on CYH stock, click here.

More about Community Health

Community Health Systems, Inc. is a U.S. hospital operator that, through its subsidiaries, owns, leases and operates acute care hospitals and related ancillary businesses, including joint ventures such as Tennova Healthcare – Clarksville in Clarksville, Tennessee, which it previously co-owned with Vanderbilt University Medical Center and other partners.

Average Trading Volume: 1,621,949

Technical Sentiment Signal: Sell

Current Market Cap: $444.6M

Find detailed analytics on CYH stock on TipRanks’ Stock Analysis page.

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