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Community Health Said to Explore Options Including Sale

  • Hospital operator’s shares have plunged 75% in the past year
  • For-profit company posted loss of $1.43 billion in 2nd quarter
Updated on

Community Health Systems Inc., the troubled hospital operator, is exploring a possible sale of its business, people with knowledge of the matter said.

The Franklin, Tennessee-based company is working with advisers to consider options, although the deliberations are at an early stage and there is no certainty of a deal, the people said, asking not to be identified because the information is private.