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CHS divests 2 South Carolina hospitals

Franklin, Tenn.-based Community Health Systems completed the sale of Mary Black Health System, a two-hospital system based in Spartanburg, S.C., on Jan. 1.

CHS divested 207-bed Mary Black Health System-Spartanburg and 125-bed Mary Black Health System-Gaffney (S.C.), as well as their related businesses, to Spartanburg (S.C.) Regional Healthcare System. SRHS renamed the Gaffney hospital Cherokee Medical Center and renamed the Spartanburg facility Spartanburg Medical Center-Mary Black Campus.

The two hospitals are among the several facilities with combined revenue of $2 billion that CHS intends to sell.

With the transaction completed, CHS continues to operate four hospitals in South Carolina.

More articles on healthcare industry transactions:

Bankrupt hospital chain receives $63M bid
Dignity Health, CHI push back merger date
Maryland hospitals end merger talks

 

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