Charleston Area Medical Center, Inc. completed the acquisition of Greenbrier VMC, LLC from Community Health Systems, Inc. for $85.1 million.
January 31, 2022
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Charleston Area Medical Center, Inc. signed a definitive agreement to acquire Greenbrier VMC, LLC from Community Health Systems, Inc. (NYSE:CYH) on September 14, 2022. Transaction includes acquisition of Greenbrier Valley Medical Center and its related businesses, including physician clinic operations and outpatient services. Once the transaction is complete, Vandalia Health (Parent of Charleston Area Medical Center, Inc.) will sustain hospital operations and continue working with employees and members of the medical staff to deliver quality care close to home. The transaction is subject to regulatory approvals and is expected to close by the end of this year.
Charleston Area Medical Center, Inc. completed the acquisition of Greenbrier VMC, LLC from Community Health Systems, Inc. (NYSE:CYH) for $85.1 million on January 1, 2023. The purchase price paid in connection with the transaction approximately $85.1 million in cash.
Community Health Systems, Inc. is a healthcare company. The Company, through its subsidiaries, owns or leases over 71 affiliated hospitals, with approximately 12,000 beds, and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. The Company, through its affiliates, providers of healthcare services, develops and operating healthcare delivery systems in over 40 distinct markets across 15 states. Its hospitals are general care hospitals offering a range of inpatient and outpatient medical services. These services generally include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. In addition, some of its hospitals provide skilled nursing and home care services based on individual community needs.
COMMUNITY HEALTH SYSTEMS, INC. 
