Divestiture • Healthcare Services

LabCorp Acquires Community Health Systems - Ambulatory Outreach Laboratory Assets

On July 22, 2025, LabCorp acquired healthcare services company Community Health Systems - Ambulatory Outreach Laboratory Assets from CHS for 195M USD

Acquisition Context
  • This is LabCorp’s 14th transaction in the Healthcare Services sector.
  • This is LabCorp’s 10th largest (disclosed) transaction.
  • This is LabCorp’s 44th transaction in the United States.
  • This is LabCorp’s 3rd transaction in Tennessee.

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M&A Deal Summary

Date July 22, 2025
Target Community Health Systems - Ambulatory Outreach Laboratory Assets
Sector Healthcare Services
Buyer(s) LabCorp
Sellers(s) CHS
Deal Type Divestiture
Deal Value 195M USD

Target Company

Community Health Systems - Ambulatory Outreach Laboratory Assets

Franklin, Tennessee, United States
Community Health Systems' Ambulatory Outreach Laboratory Assets
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Buyer Overview 1

Buyer

LabCorp

Burlington, North Carolina, United States

Category Company
Founded 1995
Sector Test/Measurement Equipment
Employees67,000
Revenue 13.0B USD (2024)
DESCRIPTION
LabCorp's corporate headquarters in downtown Burlington, North Carolina.
LabCorp's corporate headquarters in downtown Burlington, North Carolina.

LabCorp of America Holdings is a provider of medical laboratory tests and services through a national network of primary clinical laboratories and specialty testing laboratories. LabCorp was founded in 1995 and is based in Burlington, North Carolina.


Deal Context for Buyer #
Overall 46 of 47
Sector: Healthcare Services 14 of 14
Type: Divestiture 16 of 16
State: Tennessee 3 of 3
Country: United States 44 of 45
Year: 2025 1 of 2
Size (of disclosed) 10 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-24 Invitae

San Francisco, California, United States

Invitae is a genetic information company diagnostics for hereditary disorders. Invitae was founded in 2010 and is based in San Francisco, California.

Buy $239M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-15 Cofactor Genomics

St. Louis, Missouri, United States

Cofactor Genomics is a biotechnology company that develops a platform based on RNA that enables early detection and diagnosis of a disease. Cofactor Genomics is based in St. Louis, Missouri.

Buy -

Seller Profile 1

SELLER

CHS

Franklin, Tennessee, United States

Category Company
Founded 1996
Sector Healthcare Services
Employees48,000
Revenue 12.6B USD (2024)
DESCRIPTION
Community Health Systems' corporate headquarters in Franklin, Tennessee.
Community Health Systems' corporate headquarters in Franklin, Tennessee.

CHS is an operator of general acute care hospitals. The organization’s affiliates own, operate or lease 207 hospitals in 29 states with approximately 31,100 licensed beds. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. CHS was incorporated in 1996 and is based in Franklin, Tennessee.


Deal Context for Seller #
Overall 19 of 22
Sector: Healthcare Services 19 of 22
Type: Divestiture 19 of 22
State: Tennessee 2 of 2
Country: United States 19 of 22
Year: 2025 2 of 5
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-03 Community Health Systems - ShorePoint Health System in Florida

Florida, United States

Community Health Systems' ShorePoint Health System in Florida is an operator of general acute care hospitals that includes Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health – Punta Gorda, in Punta Gorda, Florida.

Sell $260M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-24 Moses Taylor Hospital

Scranton, Pennsylvania, United States

Moses Taylor Hospital is a community acute care facility that provides a broad range of medical services. Moses Taylor Hospital is based in Scranton, Pennsylvania.

Sell -