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.

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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.

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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.

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).

Community Health Systems, Inc. Announces Second Quarter Ended June 30, 2024 Results

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (“CHS”) (the “Company”) released its 2024 Community Impact Report today, highlighting the Company's substantial efforts to deliver quality healthcare, support and strengthen its workforce, protect the environment, and provide important economic benefits for the many communities it serves. Through all of these actions, CHS affirms its unwavering commitment to create a healthier, more sustainable future for all. Commenti.

Community Health Systems Releases 2024 Community Impact Report

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Rising patient volumes, admission and occupancy levels are expected to have benefited hospital players in the second quarter, partly offset by higher costs. THC, UHS and CYH will release earnings on Jul 24.

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NEW YORK, NY / ACCESSWIRE / July 14, 2024 / 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.

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

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its second quarter 2024 conference call. The Company will issue a press release announcing its results on Wednesday, July 24, 2024, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central Time, 11:00 a.m. Eastern Time, on Thursday, July 25, 2024. During this call, Community Health Systems will review the Company's financial and operating r.

Community Health Systems to Webcast Second Quarter 2024 Conference Call

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NEW YORK, June 30, 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

Community Health (CYH) is now set to source drugs from the Cost Plus Drugs Marketplace under the new expanded partnership.

Community Health (CYH) & Cost Plus Drugs Expand Collaboration

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (“CHS”) announced today that it is expanding its partnership with Mark Cuban Cost Plus Drugs Company, making more medications available – at significantly lower costs – to the Company's affiliated hospitals. This new phase of the partnership taps into the Cost Plus Drugs Marketplace, powered by GraphiteRx. The Marketplace offers hundreds of common medications at deeply discounted prices compared to many traditional pha.

Community Health Systems Expands Partnership With Mark Cuban Cost Plus Drugs

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) provided an update on the planned divestiture of two North Carolina hospitals today. On June 18, 2024, Novant Health, Inc., a North Carolina non-profit corporation (“Novant”), informed Community Health Systems, Inc. (the “Company”) that Novant has decided not to move forward with the acquisition of two North Carolina hospitals. The transactions were contemplated by an Asset Purchase Agreement dated February 28, 2023 (a.

Community Health Systems, Inc. Provides Update Regarding Lake Norman Regional Medical Center and Davis Regional Psychiatric Hospital

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Community Health Systems (CYH) reported earnings 30 days ago. What's next for the stock?

Community Health Systems (CYH) Up 9.2% Since Last Earnings Report: Can It Continue?

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has priced an offering of an additional $1,225.0 million aggregate principal amount of its outstanding 10.875% Senior Secured Notes due 2032 (the “Tack-On Notes”) at an issue price of 102.000%, plus accrued and unpaid interest from December 22, 2023 to the closing date (the “Notes Offering”). This repres.

Community Health Systems, Inc. Announces Pricing of $1,225.0 Million Tack-On Offering of 10.875% Senior Secured Notes Due 2032

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to offer an additional $1,125.0 million aggregate principal amount of the Issuer's outstanding 10.875% Senior Secured Notes due 2032 (the “Tack-On Notes”), subject to market and other conditions (the “Notes Offering”). The Issuer intends to use the net proceeds of the Notes Offering to redeem all.

Community Health Systems, Inc. Announces Tack-On Offering of $1,125.0 Million 10.875% Senior Secured Notes Due 2032

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that Fawn Lopez has been elected by its stockholders and has joined the Company's Board of Directors as a new independent director. Lopez currently is the publisher emeritus of Modern Healthcare, a leading source of healthcare business and policy news, research and information, published by Crain Communications, Inc. She previously served as the publisher of Modern Healthcare and vice president of Crain.

Community Health Systems, Inc. Announces Election of New Independent Director

FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the RBC Capital Markets Global Healthcare Conference to be held May 14-15, 2024, at the InterContinental New York Barclay. The Company will host a fireside chat presentation on Tuesday, May 14, 2024, at 2:35 p.m. ET, 1:35 p.m. CT. The fireside chat presentation will be available to investors via a live audio webcast. A link to the broadcast can be found at the investor.

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