(Missourinet) – The parent corporation of hospitals in Kirksville, Moberly, Poplar Bluff and Kennett is exploring a possible sale of the properties along with its 149 other hospitals.

Community Health Systems lost $1.43 billion in the second quarter of 2016, and the value of its stock has plunged 75% in the past year.

Wayne Smith, the CEO of Community Health Systems, confirmed Monday the company was looking into the possible sale.