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An eastern Kentucky hospital is in the process of changing ownership

Paul B. Hall hospital in Paintsville is currently in the process of changing owners.

Community Health Systems is going through the steps to purchase the eastern Kentucky hospital from Health Management Associates. A proposed deal is expected to be closed by early 2014.

Community Health Systems is expected to buy the hospital for $3.9 billion in cash as well as stock.

Filed under: Johnson Co. | Health care | Around the region


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