Community Health Systems To Sell Crestwood Medical As Part Of Divestiture Strategy
Community Health Systems
|
Contributed by: Kate Gamble
Summary
Community Health Systems, Inc. has agreed to sell Crestwood Medical Center in Huntsville, Alabama, to the Huntsville Hospital Health System for $450 million, a deal anticipated to close in the second quarter of 2026. This transaction, which includes the hospital and its outpatient facilities, aligns with Community Health Systems' strategy to divest non-core assets and optimize its operations. As one of the largest healthcare providers in the U.S., this move highlights the company's focus on financial stability amid ongoing evaluations of its portfolio. Healthcare professionals should note the implications for regional care delivery and potential impacts on patient access as larger systems continue to consolidate resources.