Community health systems announces definitive agreement to sell select outreach laboratory assets to labcorp

Franklin, tenn. & burlington, n.c.--(business wire)--community health systems, inc. (company) (nyse: cyh) announced today that its subsidiary, chs/community health systems, inc. (chs), has entered into a definitive agreement with labcorp (nyse: lh), pursuant to which labcorp will acquire select assets and assume certain leases of the ambulatory outreach laboratory services of chs health systems in 13 states, including certain patient service centers and in-office phlebotomy locations, for $195.
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