Community Health Systems to exit North Carolina

Novant Health will pay $320 million for two Community Health Systems hospitals in North Carolina, marking CHS’ exit from the Tar Heel State.

Novant Health will acquire the Lake Norman Regional Medical Center in Mooresville and the Davis Regional Medical Center in Statesville, which is transitioning from an acute-care hospital to an inpatient behavioral health facility. The transaction is expected to close later this year, subject to…