Franklin-based Community Health Systems, the for-profit owner of Tennova Healthcare-Clarksville, announced Thursday that the company will sell its 80% ownership interest in the 270-bed Clarksville hospital, plus associated facilities, to Vanderbilt University Medical Center for $600 million. VUMC currently holds 20% ownership of Tennova and will purchase the rest through this transaction, according to a news release from CHS. The transaction is expected to close in early 2026, subject to regulatory approvals and closing conditions. Vanderbilt has owned a 20% share in Tennova-Clarksville since October 2020. That 20% cut for nonprofit purposes emerged in 2005 when Clarksville's hospital was first sold into for-profit hands.
York Hospital announced Thursday that it is seeking approval to expand its partnership with MaineHealth and become part of the MaineHealth system. Hospital officials said the process could take more than a year and will involve multiple steps. York Hospital, an independent nonprofit facility licensed for 79 beds, has been serving the community since 1906. Its medical staff of more than 275 physicians provides care at the main campus in York and at 10 community sites across southern Maine and New Hampshire, York Hospital said in a press release.
When a system keeps breaking in the same places, there comes a time when you need to stop patching and start redesigning. That's where our health care system in Michigan is today. For decades, we've relied on a model that pours billions of dollars into treating illness after it occurs, often through high-cost crisis care, instead of sustaining health at every stage. Each time costs rise, we apply a temporary fix: a new program, a one-time funding bandage, a targeted cut. And the same problems return. Over my more than 45 years in health care (I became president and CEO of Henry Ford Health in 2022), I've seen how this approach leaves patients and caregivers frustrated. We can do better. And Michigan can lead the way if we take the initiative to do what's right ― not just what's easiest.
Tenor Health Foundation affiliates have signed a definitive agreement for the acquisition of three hospitals in Pennsylvania from Community Health Systems. The transaction includes the 369-bed Wilkes-Barre General Hospital, the 186-bed Regional Hospital of Scranton and the 122-bed Moses Taylor Hospital in Scranton, along with related businesses. The agreement follows the termination of a previously announced divestiture to WoodBridge Healthcare in November 2024.
Medical care options in Sonoma County continue to shrink. This week, Providence announced it is closing the pediatric care unit at Santa Rosa Memorial Hospital.
NewYork-Presbyterian announced Thursday that Steven J. Corwin, MD, will step down as president and CEO, effective January 22, 2026, a post he has held for 14 years. The health system's board unanimously selected EVP/COO Brian G. Donley, MD, to replace Corwin. Donely joined NY Pres in 2023, after serving as a senior physician executive at Cleveland Clinic.