Franklin, Tenn.-based Community Health Systems has sold two of its Oklahoma hospitals to Tulsa, Okla.-based Ardent Health Services, according to a CHS news release.
SouthCrest Hospital in Tulsa and Claremore (Okla.) Regional Hospital are now affiliates of Hillcrest HealthCare System, which is part of Ardent. The privately-held Ardent proposed the sale to expand its network of hospitals in Tulsa.
The sale officially went into effect Sept. 1.
Related Articles on Community Health Systems Transactions:
CHS Announces Definitive Agreement to Purchase Pennsylvania’s Moses Taylor
Community Health Systems to Sell Two Oklahoma Hospitals to Ardent Health
Tenet Rejects Community Health’s All-Cash Bid
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