8-K - Community Health Systems, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Community Health Systems, Inc. completed the divestiture of Crestwood Medical Center and associated facilities to Huntsville Hospital Health System for $459 million in cash.

Key Takeaways

1Transaction closed April 1, 2026, involving the sale of substantially all assets of 180-bed Crestwood Medical Center in Huntsville, Alabama.

2Purchase price was $459 million in cash, subject to post-closing working capital adjustment and before transaction expenses.

3The Company recognized an estimated pre-tax gain of $185 million ($138 million after-tax) on the sale of the Facility.

4Pro forma financial statements reflect the elimination of $327 million in annual revenues and $129 million in allocated goodwill.

5Operations of the divested Facility do not meet the definition of discontinued operations under ASC 205.

Current Report Details

Event Type

Asset Acquisition

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

2.01

of Form 8-K. Accordingly, the pro forma information required by Item 9.01 of Form 8-K is included as Exhibit 99.1 to this Current Report on Form 8-K. ## Item 8.

Asset Acquisition

9.01

Financial Statements and Exhibits. (b) Pro forma financial information The following unaudited pro forma financial information of the Company in connection with

Exhibits Only

Source Document

Results of Operations

Year Ended December 31, 2025

Metric	Value	Basis	Prior Period
Pro Forma Net Operating Revenues	$12.2K
Pro Forma Income from Operations	$1.6K
Pro Forma Net Loss Attributable to Stockholders	$610.00
Pro Forma Basic Loss Per Share	$4.57
Pro Forma Diluted Loss Per Share	$4.52

Transaction Details

Acquisition / Disposition

Target: Substantially all of the assets and certain liabilities of Crestwood Medical Center in Huntsville, Alabama, and its associated outpatient centers and practices (180-bed hospital)
Consideration: $459 million in cash (subject to post-closing working capital adjustment, before transaction expenses)
Structure: Asset Purchase Agreement

•Asset Purchase Agreement dated January 20, 2026
•Transaction closed April 1, 2026

Exhibits (3)

8-K

99.1

EX-99.1

99.2

EX-99.2