Community Health to acquire all assets of Sharon, Pennsylvania hospital Community Health Systems announced that subsidiaries of the company have executed a definitive agreement to acquire substantially all of the assets of Sharon Regional Health System in Sharon, Pennsylvania. The announcement follows approximately nine months of discussions and due diligence between the parties. The health system includes a 251-bed acute care hospital, outpatient centers and affiliated physician practices. The transaction is subject to customary federal and state regulatory approvals, including review and approval by the Attorney General of the Commonwealth of Pennsylvania.
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