CHS sells 2 hospitals to AdventHealth for $260M

by Newsroom


Franklin, Tenn.-based Community Health Systems has completed the sale of ShorePoint Health-Port Charlotte (Fla.) and certain assets of ShorePoint Health-Punta Gorda (Fla.) to Altamonte Springs, Fla.-based AdventHealth, effective March 1.

The definitive agreement for the $260 million transaction was first announced in November, according to a March 3 Community Health Systems news release.

The 254-bed Port Charlotte hospital has been renamed AdventHealth Port Charlotte, according to a March 3 AdventHealth news release shared with Becker’s. Adam Johnson has been named president and CEO of…



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