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CHS will sell off more hospitals

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Franklin, Tenn.-based Community Health Systems will divest itself of more hospitals than previously announced, reports WFMJ.

CHS said  last month it would sell 12 hospitals, up from the 10 that it had originally expected to unload.  Now the system expects to sell more than 12 hospitals to cut its debt.

CHS had a second-quarter loss of  $1.4 billion,  compared with a profit of $117 million in the year-earlier quarter.

It has not disclosed which hospitals  it is negotiating to sell.

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