Franklin, Tenn.-based Community Health Systems has entered into a definitive agreement to sell Mary Black Health System, a two-hospital system based in Spartanburg, S.C.
Under the agreement, CHS will divest 207-bed Mary Black Health System-Spartanburg and 125-bed Mary Black Health System-Gaffney (S.C.), as well as their related businesses, to Spartanburg (S.C.) Regional Healthcare System.
The two hospitals are among the several facilities with combined revenue of $2 billion that CHS intends to sell.
When the transaction is complete, CHS will continue to operate four hospitals in South Carolina.
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