Community Health to Sell Hospitals to Freeman Health For $112m

Community Health Systems Inc. signed a definitive agreement to sell four Arkansas hospitals and associated outpatient centers to Freeman Health System for $112 million, with the transaction expected to close in 2Q.

• Sale includes hospitals in Bentonville, Springdale, Johnson and Siloam Springs
• Four facilities have combined 487 beds across the locations
• Final price will adjust based on closing net working capital
• Leerink Partners is acting as exclusive financial adviser to Community Health Systems
• Hospitals among potential divestitures mentioned in company’s 2025 earnings call

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