Community Health Systems Completes Divestiture Of Mooresville, North Carolina Hospital To Duke Health

Subsidiaries of Community Health Systems, Inc. completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses to subsidiaries of Duke University Health System, Inc. The divestiture was valued at $284 million. The definitive agreement for this transaction was entered into on December 11, 2024, and the closing was effective April 1, 2025.

Community Health Systems, Inc. is one of the nation’s largest health care companies. The Company’s affiliates develop and operate health care delivery systems in 36 distinct markets across 14 states. The Company’s subsidiaries own or lease 72 affiliated hospitals . . .