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Community Health Systems (NYSE: CYH) Stock Quote

Last Trade: US$3.84 -0.15 -3.76
Volume: 1,888,871
5-Day Change: -12.53%
YTD Change: 22.68%
Market Cap: US$533.530M

Latest News From Community Health Systems

FRANKLIN, Tenn. / Nov 07, 2024 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in a fireside chat at the UBS Global Healthcare Conference to be held November 11 - 14, 2024 at the Terranea Resort Hotel in Rancho Palos Verdes, CA. The fireside chat presentation will begin at 4:15 p.m. Eastern time, 1:15 p.m. Pacific time, on Tuesday, November 12, and will be... Read More
FRANKLIN, Tenn. / Oct 23, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three and nine months ended September 30, 2024. The following highlights the financial and operating results for the three months ended September 30, 2024. Net operating revenues totaled $3.090 billion. Net loss attributable to Community Health Systems, Inc.... Read More
FRANKLIN, Tenn. / Oct 09, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its third quarter 2024 conference call. The Company will issue a press release announcing its results on Wednesday, October 23, 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, October 24, 2024.... Read More
CHS and Denim Health are working together to enhance patient experience and generate efficiencies across CHS’ proprietary call center that serves approximately 1,000 primary care providers FRANKLIN, Tenn. & AUSTIN, Texas / Oct 07, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (“CHS”) and Denim Health have announced a development partnership that is aimed at revolutionizing the call center experience for... Read More
FRANKLIN, Tenn. / Sep 16, 2024 / Business Wire / Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc . (NYSE: CYH), has signed an agreement to acquire 10 Arizona urgent care centers from Carbon Health. Northwest Urgent Care, LLC is part of Northwest Healthcare’s integrated healthcare network serving Tucson and its surrounding communities. This strategic acquisition will expand capacity... Read More
FRANKLIN, Tenn. / Sep 11, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that Lynn Simon, MD, President, Healthcare Innovation and Chief Medical Officer, will retire from her current executive management position at the end of the year and transition into a consulting arrangement effective January 1, 2025. Under the terms of her consulting agreement, Dr. Simon will continue to advise the... Read More
FRANKLIN, Tenn. / Aug 28, 2024 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the 2024 Wells Fargo Healthcare Conference to be held September 4 - 6, 2024. The fireside chat presentation will begin at 3:45 p.m. Eastern time, 2:45 p.m. Central time, on Wednesday, September 4, 2024, and will be available to investors via a live audio webcast. A link to the... Read More
FRANKLIN, Tenn. / Aug 01, 2024 / 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... Read More
FRANKLIN, Tenn. / Jul 30, 2024 / 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... Read More
FRANKLIN, Tenn. / Jul 24, 2024 / 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... Read More
FRANKLIN, Tenn. / Jul 23, 2024 / 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... Read More
FRANKLIN, Tenn. / Jul 10, 2024 / 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... Read More
CHS-Affiliated Hospitals Begin to Purchase Medications from the Cost Plus Drugs Marketplace FRANKLIN, Tenn. / Jun 27, 2024 / 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... Read More
FRANKLIN, Tenn. / Jun 19, 2024 / 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... Read More
FRANKLIN, Tenn. / May 21, 2024 / 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... Read More
FRANKLIN, Tenn. / May 21, 2024 / 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... Read More
FRANKLIN, Tenn. / May 07, 2024 / 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.... Read More
FRANKLIN, Tenn. / May 07, 2024 / 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... Read More
FRANKLIN, Tenn. / Apr 24, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three months ended March 31, 2024. Commenting on the results, Tim L. Hingtgen, chief executive officer of Community Health Systems, Inc., said, “We were pleased with our first quarter performance compared to both prior year and prior quarter. Progress was... Read More
FRANKLIN, Tenn. / Apr 18, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell 351-bed Tennova Healthcare – Cleveland in Cleveland, Tennessee, and certain related businesses to affiliates of Hamilton Health Care System, Inc. for $160 million in cash, subject to certain net working capital and other... Read More
FRANKLIN, Tenn. / Apr 10, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its first quarter 2024 conference call. The Company will issue a press release announcing its results on Wednesday, April 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, April 25, 2024. During... Read More
More than $250,000 donated to local nonprofits in honor of physicians More than 86,000 peanut butter jars donated to community food banks FRANKLIN, Tenn. / Mar 28, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (CHS) announced today that, in honor of Doctors’ Day, its affiliated hospitals will donate more than $250,000 to charitable organizations that are addressing social determinants of health. This is... Read More
CHS Becomes First Health System to Purchase Drugs Manufactured by Cost Plus Drugs FRANKLIN, Tenn. / Mar 07, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (CHS) will become the first national healthcare system to purchase select pharmaceutical supplies from Mark Cuban Cost Plus Drug Company (Cost Plus Drugs) as part of a new, collaborative relationship that promises to bring high-quality, lower cost drugs... Read More
FRANKLIN, Tenn. / Feb 20, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three months and year ended December 31, 2023. Commenting on the results, Tim L. Hingtgen, chief executive officer of Community Health Systems, Inc., said, "Operational and financial results improved in 2023 as patient demand for our services increased, resulting... Read More
FRANKLIN, Tenn. / Feb 06, 2024 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its fourth quarter and year-end 2023 conference call. The Company will issue a press release announcing its results on Tuesday, February 20, 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 Wednesday,... Read More
The migration enabled CHS to bring its data into one centralized view and apply Google Cloud gen AI capabilities to help drive administrative efficiencies and improve patient experiences SUNNYVALE, Calif. and FRANKLIN, Tenn. , Jan. 31, 2024 /PRNewswire/ -- Community Health Systems, Inc. (NYSE: CYH), one of the nation's leading healthcare companies, and Google Cloud today announced that CHS has completed migration to a Fast... Read More
FRANKLIN, Tenn. / Dec 26, 2023 / Business Wire / Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced today the early tender results of the previously announced cash tender offer (the “Tender Offer”) by its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), to purchase up to $985 million aggregate principal amount (the “Tender Cap”) of the Issuer’s outstanding 8.000% Senior Secured... Read More
FRANKLIN, Tenn. / Dec 11, 2023 / 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 increased the principal amount of the Issuer’s approximately $2,101 million aggregate principal amount outstanding 8.000% Senior Secured Notes due 2026 (the “2026 Notes”) that it can repurchase under its previously... Read More
FRANKLIN, Tenn. / Dec 11, 2023 / 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 $1.0 billion aggregate principal amount of its 10.875% Senior Secured Notes due 2032 (the “Notes”) (the “Notes Offering”). The size of the offering was increased by $250 million aggregate... Read More
FRANKLIN, Tenn. / Dec 11, 2023 / 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 commenced a cash tender offer (the “Tender Offer”) for up to $735 million of the Issuer’s approximately $2,101 million aggregate principal amount outstanding 8.000% Senior Secured Notes due 2026 (the “2026 Notes”),... Read More
FRANKLIN, Tenn. / Dec 11, 2023 / 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 $750.0 million aggregate principal amount of Senior Secured Notes due 2032 (the “Notes”), subject to market and other conditions (the “Notes Offering”). The Issuer intends to use the net proceeds of the... Read More
FRANKLIN, Tenn. / Dec 08, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today provided notice of a proposed settlement which is attached to this press release and has been posted to the Investor Relations section of the Company's website at https://www.chs.net/investor-relations/ . About Community Health Systems, Inc. Community Health Systems, Inc. is one of the nation’s largest healthcare... Read More
FRANKLIN, Tenn. / Dec 01, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that certain subsidiaries of the Company have completed the divestiture of Bravera Health Brooksville (120 licensed beds) in Brooksville, Florida, Bravera Health Spring Hill (124 licensed beds) in Spring Hill, Florida, and Bravera Health Seven Rivers (128 licensed beds) in Crystal River, Florida, along with their... Read More
FRANKLIN, Tenn. / Nov 21, 2023 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the 2023 BofA Securities Leveraged Finance Conference to be held November 27 – 29, 2023. The investor presentation will begin at 8:50 a.m. Eastern time, 7:50 a.m. Central time, on Tuesday, November 28, 2023, and will be available to investors via a live audio webcast. A link to the... Read More
FRANKLIN, Tenn. / Nov 15, 2023 / Business Wire / More than ten years ago, hospitals affiliated with Community Health Systems, Inc. (NYSE: CYH) embarked on an important safety journey to deliver better outcomes for patients, reduce risk and liability and build trust in the communities they serve. Since then, the hospitals have achieved and maintained an 89% reduction in their Serious Safety Event Rate. Today, NEJM Catalyst... Read More
FRANKLIN, Tenn. / Oct 25, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three and nine months ended September 30, 2023. The following highlights the financial and operating results for the three months ended September 30, 2023. Net operating revenues totaled $3.086 billion. Net loss attributable to Community Health Systems, Inc.... Read More
FRANKLIN, Tenn. / Oct 11, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its third quarter 2023 conference call. The Company will issue a press release announcing its results on Wednesday, October 25, 2023, 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, October 26, 2023.... Read More
FRANKLIN, Tenn. / Sep 13, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced the appointment of retired U.S. Army Lt. Gen. Ronald L. Burgess Jr. to its Board of Directors for a term expiring at the 2024 Annual Meeting of Stockholders. Cybersecurity, national security and operational leadership have been central to Gen. Burgess’s distinguished career. Gen. Burgess retired from the U.S. Army... Read More
Virtual Behavioral Health Program to Be Scaled Across CHS-Affiliated Physician Practices FRANKLIN, Tenn. / Sep 07, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) and population health management company, Mindoula, announced plans today to implement an innovative program that integrates virtual behavioral health services into the primary care setting. The program, designed to help patients who are... Read More
FRANKLIN, Tenn. / Aug 30, 2023 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the 2023 Wells Fargo Securities Healthcare Conference to be held September 6 - 8, 2023. The fireside chat presentation will begin at 12:45 p.m. Eastern time, 1:45 p.m. Central time, on Wednesday, September 6, 2023, and will be available to investors via a live audio webcast. A link to... Read More
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Case study will detail how Community Health Systems deployed AvaSure's TeleSitter® solution to help keep vulnerable patients safer BELMONT, Mich. , Aug. 9, 2023 /PRNewswire/ -- AvaSure , the market leader in acute virtual care and remote safety monitoring, has invited clinical leaders from Community Health Systems (CHS) to... Read More
FRANKLIN, Tenn. / Aug 02, 2023 / 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, 2023. The following highlights the financial and operating results for the three months ended June 30, 2023. Net operating revenues totaled $3.115 billion. Net loss attributable to Community Health Systems, Inc. stockholders was... Read More
FRANKLIN, Tenn. / Jul 31, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (“CHS” or the “Company”) released its 2023 Community Impact Report today detailing the many ways the organization is positively affecting the communities it serves. The report highlights the breadth of services offered by CHS-affiliated healthcare systems, the Company’s substantial economic impact, and efforts to address social... Read More
FRANKLIN, Tenn. / Jul 24, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell 120-bed Bravera Health Brooksville in Brooksville, Florida, 128-bed Bravera Health Seven Rivers in Crystal River, Florida, 124-bed Bravera Health Spring Hill in Spring Hill, Florida, and their associated assets to Tampa General Hospital and... Read More
FRANKLIN, Tenn. / Jul 14, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its second quarter 2023 conference call. The Company will issue a press release announcing its results on Wednesday, August 2, 2023, 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, August 3, 2023. A live... Read More
FRANKLIN, Tenn. / May 15, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that J. Anton Hie has joined the Company as Vice President of Investor Relations, effective May 15, 2023. Hie has more than 20 years of experience in the healthcare investment field and joins Community Health Systems from AdaptHealth Corp. (NASDAQ: AHCO) where he established the internal investor relations department... Read More
FRANKLIN, Tenn. / May 09, 2023 / 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 16-17, 2023, at the InterContinental New York Barclay. The Company will host a fireside chat presentation on Tuesday, May 16, 2023, at 11:30 a.m. ET, 10:30 a.m. CT. The fireside chat presentation will be available to... Read More
FRANKLIN, Tenn. / May 01, 2023 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) (the “Company”) today announced financial and operating results for the three months ended March 31, 2023. The following highlights the financial and operating results for the three months ended March 31, 2023. Net operating revenues totaled $3.108 billion. Net loss attributable to Community Health Systems, Inc. stockholders was $(51)... Read More
FRANKLIN, Tenn. / Apr 12, 2023 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its first quarter 2023 conference call. The Company will issue a press release announcing its results on Monday, May 1, 2023, 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 Tuesday, May 2, 2023. A live webcast of... Read More
FRANKLIN, Tenn. / Apr 03, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia Health for cash consideration of approximately $92 million. The transaction is... Read More
FRANKLIN, Tenn. / Mar 30, 2023 / Business Wire / Hospitals and healthcare systems affiliated with Community Health Systems, Inc. (NYSE: CYH) spent the month of March putting their care for the community into action. This year, CHS-affiliated hospitals celebrated National Doctors’ Day with charitable donations to non-profit organizations on behalf of physicians on their medical staffs. The organization also launched its first... Read More
Services to be Sustained for the Community MOORESVILLE, N.C. , Feb. 28, 2023 /PRNewswire/ -- Novant Health has signed a definitive agreement to acquire Lake Norman Regional Medical Center, Davis Regional Medical Center and their related businesses, including physician clinic operations and outpatient services from subsidiaries of Community Health Systems, Inc. (NYSE: CYH). "Our shared commitments to the community will... Read More
FRANKLIN, Tenn. / Feb 28, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center, an acute care hospital in Mooresville, NC, and Davis Regional Medical Center in Statesville, NC, which is in the process of transitioning from a general acute care hospital to an inpatient behavioral... Read More
FRANKLIN, Tenn. / Feb 15, 2023 / Business Wire / Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three months and year ended December 31, 2022. The following highlights the financial and operating results for the three months ended December 31, 2022. Net operating revenues totaled $3.142 billion. Net income attributable to Community Health Systems, Inc.... Read More
FRANKLIN, Tenn. / Feb 01, 2023 / Business Wire / Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its fourth quarter and year-end 2022 conference call. The Company will issue a press release announcing its results on Wednesday, February 15, 2023, 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,... Read More
Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 122-bed Greenbrier Valley Medical Center in Ronceverte, West Virginia, along with its respective assets, physician clinic operations and outpatient services to a subsidiary of Vandalia Health. The transaction was effective January 1, 2023. The divestiture of this hospital is among the potential... Read More
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