Community Health Systems shares fall 1.56% after-hours after announcing the sale of select lab assets to Labcorp.

Community Health Systems, Inc. fell 1.56% in after-hours trading, with the company announcing the sale of select lab assets to Labcorp for $195 million cash. This transaction will allow CHS patients and providers to benefit from broader access to Labcorp’s comprehensive testing and laboratory services. Additionally, Daxor Corporation announced the expansion of its blood volume analysis technology into three new hospitals, which may indicate a growing recognition of the technology's role in improving healthcare outcomes.