Community Health Systems

Community Health Systems, Inc. engages in the management and operations of hospitals. It operates general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. The company was founded in March 1985 and is headquartered in Franklin, TN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Community Health Systems reports strong Q4 performance and operational improvements

Community Health Systems (CYH) delivered strong volume growth and operational improvements in Q4 2022, despite challenges from decreased COVID-related admissions. The company's strategic focus on growth, cost control, and quality enhancements positions it well for future success, with opportunities to further optimize operations and drive financial performance.

Community Health Systems reports solid Q1 growth and addresses challenges

Community Health Systems (CYH) delivered solid growth and financial performance in Q1 2023, supported by strategic investments and workforce improvements.
While facing challenges in cash flow and capital expenditure management, the company is actively addressing these issues to drive long-term sustainability.
Opportunities lie in leveraging growth metrics, safety initiatives, and potential asset sales to further enhance operational efficiency and financial strength.

Community Health Systems reports solid Q2 performance and growth strategies

CHS is focusing on high-growth markets through divestitures and strategic investments, aiming for mid-teen EBITDA margins.
Efforts to enhance labor cost management and cash flows are yielding positive results, supporting financial stability and growth.
Opportunities lie in modernizing business functions, improving payer mix, and optimizing operations for long-term savings.

Community Health Systems reports solid Q3 performance and outlines growth opportunities

Community Health Systems (CYH) delivered a solid Q3 performance with revenue growth, strong cost management, and positive volume trends. While facing challenges in certain revenue segments, the company has opportunities for strategic investments and operational improvements. Updated guidance for 2023 reflects optimism for continued financial growth and a focus on enhancing workforce and quality.

Community Health Systems reports solid Q4 performance and eyes growth

Community Health Systems delivered a strong financial performance in Q4 2023, driven by revenue growth, margin expansion, and strategic investments in core markets and outpatient care.
The company's focus on workforce development, AI integration, and payer mix dynamics positions it well for future growth and operational efficiency.
While facing challenges in cash flows and significant capital expenditures, Community Health Systems is proactively addressing these issues and exploring opportunities for optimization.
With a proactive approach to divestiture activities, AR management improvements, and continued investments in core projects, the company aims to drive stronger EBITDA performance and enhance overall financial health.

Community Health Systems (CYH) reports robust Q1 performance and strategic growth initiatives

Community Health Systems (CYH) delivered a strong Q1 2024 performance, showcasing growth in key metrics and financial improvements. Despite challenges in managing costs and debt levels, the company's strategic investments and focus on online reputation position it well for future opportunities.

Community Health Systems reports strong Q2 performance amidst growth strategies

Community Health Systems (CYH) delivered a strong Q2 2024 performance with revenue growth and improved cost management, supported by strategic investments.
While facing challenges such as the FTC lawsuit impacting acquisition plans, the company showcased strengths in workforce efforts and operational efficiency enhancements.
Opportunities lie in continued growth through investments and partnerships, with a focus on maintaining financial stability and operational effectiveness.
Overall, Community Health Systems remains well-positioned to navigate challenges and capitalize on opportunities for sustained growth and profitability.

Community Health Systems reports resilient Q3 performance and growth outlook

Community Health Systems navigated challenges from hurricanes and increased denials, but saw improved same-store volumes and financial performance. Investments in growth areas and commitment to clinical quality position the company for future success.
Despite financial impacts, the company managed labor costs well and made progress on its divestiture plan. Analyst questions were addressed, and management expressed confidence in strategic investments and growth opportunities.
The call highlighted improved cash flows, on-track capital expenditures, and a positive outlook with revised EBITDA guidance. Community Health Systems remains focused on enhancing clinical quality and patient safety for sustained growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Community Health Systems, Inc. engages in the provision of general and specialized healthcare services and outpatient services. The company was founded in March 1985 and is headquartered in Franklin, TN.

LOS ANGELES, CA / ACCESSWIRE / August 14, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Community Health Systems Inc Can Participate In Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 12, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Community Health Systems Inc Investors Invited To Join Fraud Investigation With Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

CYH ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Community Health Systems, Inc.

NEW YORK, NY / ACCESSWIRE / August 10, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

ATTENTION Community Health Systems, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Community Health Systems Inc May Join Fraud Investigation With The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Community Health Systems, Inc. Investigated by Shareholder Rights Advocates – Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - CYH

LOS ANGELES, CA / ACCESSWIRE / August 8, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Community Health Systems Inc Eligible To Join Fraud Investigation With The Schall Law Firm

CYH ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Community Health Systems, Inc. investment

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Investors Of Community Health Systems Inc Can Join Fraud Investigation With The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Community Health Systems, Inc. INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by Community Health (CYH)

LOS ANGELES, CA / ACCESSWIRE / August 6, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Community Health Systems Inc Investors Can Participate In Fraud Investigation With The Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Levi & Korsinsky Reminds Shareholders of an Investigation into Community Health Systems, Inc. (CYH) Regarding Potential Securities Fraud Allegations

Shareholder Rights Advocates at Levi & Korsinsky Investigate Community Health Systems, Inc. (CYH) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / August 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Lost Money on Community Health Systems, Inc.(CYH)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, Aug. 03, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Community Health Systems, Inc. (“Community Health” or the “Company”) (NYSE: CYH). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com  or 646-581-9980, ext. 7980.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Community Health Systems, Inc. - CYH

NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Community Health Systems, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - CYH

LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

CYH Investors Have Opportunity to Join Community Health Systems, Inc. Fraud Investigation with the Schall Law Firm

NEW YORK, NY / ACCESSWIRE / August 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Community Health Systems, Inc. ("Community Health") (NYSE:CYH) concerning possible violations of federal securities laws. Community Health issued a press release on June 19, 2024, "provid[ing] an update on the planned divestiture of two North Carolina hospitals[.

Community Health Systems, Inc. (CYH) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have completed the sale of 351-bed Tennova Healthcare – Cleveland in Cleveland, Tennessee, and certain related businesses to Hamilton Health Care System, Inc. for $160 million. Additional cash consideration may be received contingent upon potential changes to certain supplemental reimbursement programs. The transaction is effective August 1, 2024. About Community.

Community Health Systems Completes Divestiture of Cleveland, Tennessee, Hospital to Hamilton Health Care System

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell three Pennsylvania hospitals – 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, 369-bed Wilkes-Barre General Hospital in Wilkes-Barre, and certain related businesses to affiliates of WoodBridge Healthcare, Inc. for $120 million, inclusive of a $10 million prepayment for services.

Community Health Systems Announces Definitive Agreement to Sell Three Pennsylvania Hospitals to WoodBridge Healthcare Inc.

Community Health Systems, Inc. (NYSE:CYH ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Anton Hie - Vice President of Investor Relations Tim Hingtgen - CEO Kevin Hammons - President and CFO Conference Call Participants Brian Tanquilut - Jefferies AJ Rice - UBS Ben Hendrix - RBC Capital Stephen Baxter - Wells Fargo Josh Raskin - Nephron Research Operator Good day, and welcome to the Community Health Systems' Second Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

Community Health Systems, Inc. (CYH) Q2 2024 Earnings Call Transcript

Community Health's (CYH) second-quarter earnings suffer a setback from lower admissions and patient days. Improved occupancy levels partially offset the negatives.

Community Health (CYH) Q2 Earnings Miss on Lower Patient Days

While the top- and bottom-line numbers for Community Health Systems (CYH) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Community Health Systems (CYH) Q2 Earnings: A Look at Key Metrics

Community Health Systems (CYH) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.22 per share a year ago.

Community Health Systems (CYH) Reports Q2 Loss, Tops Revenue Estimates

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three and six months ended June 30, 2024. The following highlights the financial and operating results for the three months ended June 30, 2024. Net operating revenues totaled $3.140 billion. Net loss attributable to Community Health Systems, Inc. stockholders was $(13) million, or $(0.10) per share (diluted), compared to $(38) million, or $(0.29).

News for Community Health Systems Stock (CYH)