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Sign InCommunity Health Systems (CYH) has announced an aggressive expansion of its ambulatory surgery center (ASC) network through a combination of de novo openings and strategic acquisitions. Recent developments include the opening of new centers in Birmingham and Foley, Alabama, alongside the acquisition of a majority interest in a facility in Anchorage, Alaska. This expansion brings the company's total count of affiliated ASCs to 36, with plans to reach 37 following a recently signed definitive agreement. The move underscores CYH's commitment to capturing growth in the high-demand outpatient surgical care market. Investors typically view the shift toward ASCs favorably, as these facilities often provide higher-margin revenue streams compared to traditional inpatient settings. This strategic growth plan is expected to strengthen the company's competitive positioning in key regional markets.