CHS and Texas Health Resources Reach Settlement Over Texas Hospital

Community Health Systems (CHS) and Texas Health Resources are in the process of settling a lawsuit concerning Triad Denton (Texas) Hospital, according to a press release from CHS.

Advertisement

Although it is still pending court approval, the facilities have agreed that Triad-Denton Hospital LLC and Triad-Denton Hospital LP  will "convey their partnership units in a partnership with Texas Health Resources … and other related hospital assets to Texas Health Resources or an affiliated entity in return for an agreed consideration," according to the release.

Read the CHS press release concerning the Triad-Denton Hospital settlement. 

Advertisement

Next Up in Transactions & Valuation Issues

Advertisement

Comments are closed.