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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Community Health Systems Inc | NYSE:CYH | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.07 | 2.07% | 3.45 | 3.46 | 3.33 | 3.36 | 3,168,629 | 01:00:00 |
From Feb 2023 to Feb 2025
By Josh Beckerman
The Federal Trade Commission is seeking to block the Community Health Systems sale of two North Carolina hospitals to Novant Health.
The agency alleges the $320 million transaction would allow Novant to control nearly 65% of the market for inpatient general acute care services in the eastern Lake Norman area, and says the sale "threatens to raise prices."
Community Health Systems didn't immediately reply to a request for comment.
The planned sale of Lake Norman Regional Medical Center and Davis Regional Medical Center was announced in February.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 25, 2024 13:41 ET (18:41 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
1 Year Community Health Systems Chart |
1 Month Community Health Systems Chart |
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