With a trio of sales this week, a for-profit, publicly traded corporation that once owned several hospitals in the 69 News viewing area is no longer doing business in Pennsylvania. 

On Monday, Community Health Systems announced that its now former subsidiary Commonwealth Health had completed the divesture of two hospitals in Scranton, Pa., and another in Wilkes-Barre, Pa. to Tenor Health Foundation.

Tenor Health is a nonprofit based in California. 

The deal was unveiled last October, after a previously announced divestiture to WoodBridge Healthcare, Inc. was terminated in November 2024.

With the offloading of those three sites, the Community Health Systems footprint no longer extends to Pennsylvania.

At the start of 2017, the company, based in Franklin, Tennessee, said it owned, leased or operated 158 affiliated hospitals in 22 states. In Pennsylvania, there were at least 15 sites in that portfolio, including Pottstown Memorial Medical Center (now Pottstown Hospital), Easton Hospital in Wilson (Northampton County), and Brandywine Hospital in Coatesville, Chester County. 

Later that same year, Community Health Systems announced plans to sell those three sites, along with several others in Pennsylvania, as well as facilities in Florida, Texas, Mississippi, Louisiana, Ohio and Washington. 

Easton Hospital was acquired by Steward Health Care in a deal announced in February of 2017 that involved seven other Community Health hospitals.

Easton Hospital

File image of Easton Hospital exterior from 2015

WFMZ

St. Luke’s University Health Network later purchased Easton Hospital in 2020. The site is now known as St. Luke’s Hospital- Easton Campus.

Reading Health System (now Tower Health) bought Pottstown Memorial Medical Center, Brandywine Hospital, and three other Community Health properties in a deal that was completed in September of 2017.  

Brandywine Hospital closed in 2022.

Nine years after the big sell-off, Community Health Systems, while billing itself as one of the nation’s largest healthcare companies, has a much leaner portfolio.

According to its website, Community Health owns or leases 65 hospitals in 13 states. Pennsylvania and New Jersey are not among them.

Its shares are traded under the ticker symbol CYH on the New York Stock Exchange (NYSE). The list price late Tuesday morning was $3.04, giving the company a market capitalization of $444.6 million.Â