Community Health Systems Announces Definitive Agreement to Divest Salem, New Jersey Hospital

On Dec 1, 2015

Community Health Systems, Inc. announced today that subsidiaries of the company have executed a definitive agreement to sell substantially all of the assets of The Memorial Hospital of Salem County, a 126-bed hospital in Salem, along with related outpatient services, to Prime Healthcare Foundation. The divestiture is expected to close by the end of the second quarter of 2016, subject to customary regulatory approvals and closing conditions.

 

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