Community Health Systems Sells Gulf Oaks Behavioral Hospital

We represented Community Health Systems, Inc. (NYSE: CYH) in its sale of Gulf Oaks Behavioral Hospital, the behavioral health operations of Merit Health Biloxi in Biloxi, Mississippi, to Oceans Healthcare, LLC. The facility will be renamed Oceans Behavioral Hospital Biloxi and will provide inpatient and outpatient behavioral health treatment. Terms of the transaction were not publicly disclosed.

Oceans Healthcare, headquartered in Plano, Texas, provides behavioral health services to patients experiencing symptoms of anxiety, depression, and more through inpatient behavioral services and intensive outpatient programs.

Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country.

You Also May Be Interested In:

  • Representation of Family Legacy, LLC and Harpeth Hills Memory Gardens, Inc. in their sale to Park Lawn Corporation (TSX: PLC), a company that provides goods and services associated with the disposition and memorialization of human remains

    We represented Family Legacy, LLC and Harpeth Hills Memory Gardens, Inc. in their sale to Park Lawn Corporation (TSX: PLC),...
    Client Type: Private Company
  • Representation of WellCare Health Plans, Inc., a government-focused managed care provider, in its merger with Centene Corporation (NYSE: CNC) for $17.3 billion

    We represented WellCare Health Plans, Inc. in its merger with Centene Corporation (NYSE: CNC) for $17.3 billion. The combined company...
    Client Type: Public Company
  • Representation of LFM Capital in its sale of EDSCO Fasteners, a leading supplier of foundation anchoring systems for critical infrastructure installations, to MiddleGround Capital

    We represented LFM Capital in its sale of EDSCO Fasteners, a leading supplier of foundation anchoring systems for critical infrastructure...
    Client Type: Private Company