Community Health Systems sells Mary Black Health System, outpatient services to South Carolina hospital — 3 insights

Franklin, Tenn.-based Community Health Systems sold select assets to Spartanburg (S.C.) Regional Healthcare.

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Here’s what you should know:

1. Community Health Systems sold the Spartanburg and Gaffney, S.C.-based branches of Mary Black Health System, as well as their physician clinics and outpatient service businesses.

2. The sale was effective Jan. 1.

3. Community Health Systems is including the sale in its third quarter 2018 earnings call. Community will continue to operate four hospitals in South Carolina.

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