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.
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