Community Health Systems (CHS) has agreed to sell three hospitals in Pennsylvania to Woodbridge Healthcare for $120 million. This transaction comes amid significant changes in the healthcare landscape, highlighted by the recent merger between Jefferson Health and Lehigh Valley Health Network, which has created one of the largest health systems in the United States. The $14 billion merger between Jefferson Health and Lehigh Valley Health Network was finalized on August 1, 2024, marking a significant consolidation in the healthcare sector. The official announcement of this merger was made on the same day, indicating a strategic move to enhance healthcare services in the region.
Jefferson Health and Lehigh Valley Health Network announced Thursday that they have officially joined forces. https://t.co/b2h4X8U8rT
Jefferson Health, Lehigh Valley Health Network seal the deal on $14B merger https://t.co/f0HIkx06i5
Jefferson Health, Lehigh Valley Health close merger https://t.co/JPeskd6Jwe