Community Health Systems Completes Sale of Cedar Park Regional Medical Center to Ascension Health

Reuters
01 Jul
Community Health Systems Completes Sale of Cedar Park Regional Medical Center to Ascension Health

Community Health Systems, Inc. has completed the sale of its 80% interest in Cedar Park Regional Medical Center and related businesses in Cedar Park, Texas, to Ascension Health for $436 million. Ascension Health, which previously held a minority stake, now fully owns the medical center following this transaction. The agreement for this sale was initially announced on April 15, 2025, and the transaction was finalized on June 30, 2025. As part of the deal, Community Health Systems also distributed approximately $23 million owed to Cedar Park Regional Medical Center to Ascension Health.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CHS - Community Health Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250701117445) on July 01, 2025, and is solely responsible for the information contained therein.

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