July 13, 2017
Less than a week after announcing it sold two Texas hospitals to HCA Healthcare, Community Health Systems Inc. (CHS) entered into a definitive agreement to sell the 103-bed Weatherford Regional Medical Center in Weatherford, TX, approximately 20 miles west of Fort Worth. The buyer in this transaction is also HCA Healthcare, with closing anticipated to take place in fall 2017.
The sales price for the hospital at 713 E. Anderson St. was undisclosed. The property is valued at $47 million.
The Franklin, TN-based CHS has been shedding hospitals throughout much of 2017 in an attempt to pay down a $15 billion debt. According to local media, CHS entered into a 30-year lease in 2007 with the Parker County Hospital District to take over hospital operations at Weatherford Regional.
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