CHS Sells Select Outreach Laboratory Assets to Labcorp for $194 Million

Reuters
2025.12.02 21:15
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Community Health Systems, Inc. has sold select ambulatory outreach laboratory service assets to Labcorp for $194 million. The sale includes patient service centers and in-office phlebotomy locations across 13 states. CHS will continue to operate inpatient and emergency department laboratories. This transaction aims to expand access to Labcorp’s services and allow CHS to focus on core services.

Community Health Systems, Inc. has completed the sale of select ambulatory outreach laboratory service assets, including certain patient service centers and in-office phlebotomy locations across 13 states, to Labcorp for approximately $194 million in cash before transaction expenses. The CHS-affiliated health systems will continue to operate their inpatient and emergency department laboratories, as well as provide laboratory services for hospital-based care. This move is expected to expand patient and provider access to Labcorp’s comprehensive testing and laboratory services, while allowing CHS health systems to focus more on core services and enhance the overall patient experience. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CHS - Community Health Systems Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202307359) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)