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Community Health Systems Completes Major Hospital Asset Sale

Story Highlights
  • On April 1, 2026, Community Health Systems sold Crestwood Medical Center and related facilities in Huntsville, Alabama, to Huntsville Hospital Health System for $459 million in cash.
  • The company classified the Crestwood sale as a significant disposition, released pro forma 2025 financials showing higher cash and reduced assets, and emphasized the figures are illustrative rather than predictive of future results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Community Health Systems Completes Major Hospital Asset Sale

Meet Samuel – Your Personal Investing Prophet

Community Health ( (CYH) ) has provided an announcement.

On April 1, 2026, CHS/Community Health Systems, Inc., a subsidiary of Community Health Systems, completed the sale of Crestwood Medical Center in Huntsville, Alabama, along with related outpatient centers and practices, to Huntsville Hospital Health System for $459 million in cash, subject to a working capital adjustment. The divestiture, treated as a significant disposition but not as discontinued operations under accounting rules, prompted CHS to file unaudited pro forma financial statements illustrating how the transaction would have affected its 2025 results and balance sheet, highlighting the expected gain on sale and a strengthened cash position.

The company’s pro forma balance sheet assumes the deal had closed as of December 31, 2025 and reflects an increase in cash and a reduction in property, goodwill and other assets tied to Crestwood. The pro forma income statement for 2025 is presented as if the transaction had occurred on January 1, 2025, offering investors a view of CHS’s continuing operations post-sale, although management cautions that the figures are illustrative and may not predict the company’s future financial performance.

The most recent analyst rating on (CYH) stock is a Buy with a $3.00 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.

The score is driven by improving profitability and cash flow and a very low P/E, but is held back by high balance-sheet risk (negative equity and elevated net debt). Technicals are mildly supportive, while guidance and corporate actions show progress on deleveraging but also highlight near-term revenue and cash-flow headwinds.

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 provides acute care and related healthcare services through its network of hospitals, medical centers and outpatient facilities. The company focuses on community-based healthcare delivery, operating facilities in regional markets across the country through various subsidiaries, including CHS/Community Health Systems, Inc.

Average Trading Volume: 1,652,584

Technical Sentiment Signal: Strong Sell

Current Market Cap: $407.6M

For detailed information about CYH stock, go to TipRanks’ Stock Analysis page.

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