Novant Health Signs Letter of Intent Regarding Gaffney Medical Center
Gaffney, SC – October 1, 2014 — Novant Health, Inc. announced today that it has signed a non-binding letter of intent in which a subsidiary of Community Health Systems, Inc. (CHS) of Franklin, Tenn. will assume the management and operations of Novant Health Gaffney Medical Center. The letter of intent is not a final agreement; however, it expresses both parties’ intent to pursue the transaction.