Community Health Systems Sells North Carolina Medical Center for $284 Million

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Community Health Systems Sells North Carolina Medical Center for $284 Million

, MT Newswires - 10:23 AM ET 4/1/2025 mergers-and-acquisitions

10:23 AM EDT, 04/01/2025 (MT Newswires) -- Community Health Systems ( CYH ) said Tuesday it has sold Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses to Duke University Health System for $284 million.

The deal was announced in December 2024 and finalized on Tuesday, the company said.

Shares of Community Health Systems ( CYH ) fell more than 1% in recent trading.

Price: 2.66, Change: -0.05, Percent Change: -1.67

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