Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at primary care practices, urgent care centers, free-standing emergency departments, ambulatory surgery centers, imaging and diagnostic centers, retail clinics, and via direct-to-consumer virtual health visits. As of December 31, 2020, it owned or leased 89 hospitals, including 87 general acute care hospitals and two stand-alone rehabilitation or psychiatric hospitals with an aggregate of 14,110 licensed beds. The company was founded in 1985 and is headquartered in Franklin, Tennessee.
IPO Year: 2000
Exchange: NYSE
Website: chs.net
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/25/2024 | $5.00 → $2.50 | Equal Weight → Underweight | Wells Fargo |
| 11/22/2024 | Mkt Perform → Underperform | Raymond James | |
| 3/6/2024 | $3.00 | Equal Weight | Barclays |
| 6/17/2022 | $5.00 | Hold | Loop Capital |
| 6/15/2022 | $7.50 → $5.50 | Buy → Neutral | BofA Securities |
| 3/29/2022 | $12.00 | Equal Weight | Wells Fargo |
| 1/10/2022 | $16.00 → $18.00 | Buy | Citigroup |
| 12/13/2021 | $14.00 → $16.00 | Underperform → Buy | BofA Securities |
| 10/29/2021 | $12.00 → $14.50 | Neutral | Credit Suisse |
| 9/24/2021 | $12.50 | Neutral | UBS |
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
SC 13G - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Subject)
Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE:CYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona. Northwest Urgent Care, LLC is part of Northwest Healthcare's integrated healthcare network serving Tucson and its surrounding communities. With this strategic acquisition, Northwest Healthcare now has more than 80 sites of care across the network. Over the past five years, Northwest Healthcare has invested approximately $200 million in strategic growth and capital projects throughout the Greater Tucson Metro area, including two new hospitals – Northwest Medical Center Sahuarita
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. stockholders was $(391) million, or $(2.95) per share (diluted), compared to $(91) million, or $(0.69) per share (diluted), for the same period in 2023. Excluding the adjusting items as presented in the table in footnote (e) on page 15, net loss attributable to Community Health Systems, Inc. stockholders was $(0.30) per
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. During this call, Community Health Systems will review the Company's financial and operating results for the third quarter ended September 30, 2024. A live webcast of the conference call will be available online at https://www.chs.net/investor-relations/investor-tools/webcasts/. An online replay will follow shortly after
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) per share (diluted), for the same period in 2023. Excluding the adjusting items as presented in the table in footnote (e) on page 15, net loss attributable to Community Health Systems, Inc. stockholders was $(0.17) per share (d
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 results for the second quarter ended June 30, 2024. A live webcast of the conference call will be available online at https://www.chs.net/investor-relations/investor-tools/webcasts/. An online replay will follow shortly after the ca
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 demonstrated on key operational and strategic priorities, and we remain focused on building further momentum as we pursue the opportunities available to us this year." The following highlights the financial and operating results for the three months ended March 31, 2024. Net operating revenues totaled $3.140 billion.
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 this call, Community Health Systems will review the Company's financial and operating results for the first quarter ended March 31, 2024. A live webcast of the conference call will be available online at https://www.chs.net/investor-relations/investor-tools/webcasts/. An online replay will follow shortly after the c
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 in growth in same-store admissions, adjusted admissions, surgeries and ER visits. Our staff recruitment and retention initiatives generated solid gains in the number of bedside nurses and other patient care positions in our hospitals, which significantly reduced contract labor utilization. We also experienced growth t
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, February 21, 2024. During this call, Community Health Systems will review the Company's financial and operating results for the fourth quarter and full year ended December 31, 2023. A live webcast of the conference call will be available online at https://www.chs.net/investor-relations/investor-tools/webcasts/. An online r
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. stockholders was $(91) million, or $(0.69) per share (diluted), compared to $(42) million, or $(0.32) per share (diluted), for the same period in 2022. Excluding the adjusting items as presented in the table in footnote (e) on page 15, net loss attributable to Community Health Systems, Inc. stockholders was $(0.33) p
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
Community Health Systems, Inc. (NYSE:CYH) announced today that a subsidiary of the Company has signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center in Mooresville, N.C., and related businesses, to Duke Health for approximately $280 million, subject to certain net working capital and other adjustments. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals and closing conditions. The hospital included in this transaction is among the additional potential divestitures discussed on the Company's third quarter 2024 earnings call and subsequent public appearances. About Community Health Systems, Inc. Community Healt
Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSE:CYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona. Northwest Urgent Care, LLC is part of Northwest Healthcare's integrated healthcare network serving Tucson and its surrounding communities. With this strategic acquisition, Northwest Healthcare now has more than 80 sites of care across the network. Over the past five years, Northwest Healthcare has invested approximately $200 million in strategic growth and capital projects throughout the Greater Tucson Metro area, including two new hospitals – Northwest Medical Center Sahuarita
Community Health Systems, Inc. (NYSE:CYH) provided an update on the planned divestiture of Commonwealth Health System in Pennsylvania. On November 22, 2024, CHS/Community Health Systems, Inc. ("CHS"), a wholly-owned subsidiary of Community Health Systems, Inc. (the "Company"), and WoodBridge Healthcare, Inc. ("WoodBridge") mutually agreed to terminate the Asset Purchase Agreement dated July 30, 2024, as amended (the "Purchase Agreement"), between CHS and certain wholly-owned subsidiaries (the "CHS Selling Entities") and WoodBridge and certain of its affiliates. Under the terms of the Purchase Agreement (which was previously disclosed on a Current Report on Form 8-K filed by the Company
Community Health Systems, Inc. (NYSE:CYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell ShorePoint Health Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation (AdventHealth) for $265 million in cash, subject to certain net working capital and other adjustments. Due to the effects of Hurricane Helene and Hurricane Milton, the Punta Gorda hospital has indefinitely suspended inpatient operations. The transaction is expected to close in th
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 available to investors via a live audio webcast. A link to the broadcast can be found at the investor relations section of the Company's website, www.chs.net, and a replay will be available using that same link. About Community Health Systems, Inc. Community Health Systems, Inc. is one of the nation's largest healthcare com
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. stockholders was $(391) million, or $(2.95) per share (diluted), compared to $(91) million, or $(0.69) per share (diluted), for the same period in 2023. Excluding the adjusting items as presented in the table in footnote (e) on page 15, net loss attributable to Community Health Systems, Inc. stockholders was $(0.30) per
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. During this call, Community Health Systems will review the Company's financial and operating results for the third quarter ended September 30, 2024. A live webcast of the conference call will be available online at https://www.chs.net/investor-relations/investor-tools/webcasts/. An online replay will follow shortly after
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 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 patients through the implementation of conversational AI in the CHS Patient Access Center ("PAC"). The PAC is a centralized call center serving nearly 1,000 CHS-affiliated primary care providers and handling more than 25,000 inbound calls daily. CHS and Denim Health have been working together since late 2023 to develop call center wor
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 and increase Northwest Healthcare's network to more than 80 sites of care when the transaction is completed in the fourth quarter of this year. "Our strategic investments are accelerating the growth of important access points in our health systems and expanding capacity for more patients," said Tim L. Hingtgen, chief e
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 Company's management team regarding innovation in healthcare, and will continue to identify, evaluate and facilitate potential new partnerships and emerging capabilities for the organization. Simon joined Community Health Systems (CHS) in 2010 and has served as Chief Medical Officer since 2017. During her 14-year career
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
10-Q - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
10-Q - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
Wells Fargo downgraded Community Health from Equal Weight to Underweight and set a new price target of $2.50 from $5.00 previously
Raymond James downgraded Community Health from Mkt Perform to Underperform
Barclays initiated coverage of Community Health with a rating of Equal Weight and set a new price target of $3.00
Loop Capital initiated coverage of Community Health with a rating of Hold and set a new price target of $5.00
BofA Securities downgraded Community Health from Buy to Neutral and set a new price target of $5.50 from $7.50 previously
Wells Fargo initiated coverage of Community Health with a rating of Equal Weight and set a new price target of $12.00
Citigroup resumed coverage of Community Health with a rating of Buy and set a new price target of $18.00 from $16.00 previously
BofA Securities upgraded Community Health from Underperform to Buy and set a new price target of $16.00 from $14.00 previously
Credit Suisse reiterated coverage of Community Health Systems with a rating of Neutral and set a new price target of $14.50 from $12.00 previously
UBS initiated coverage of Community Health Systems with a rating of Neutral and set a new price target of $12.50
3 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
3 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4/A - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
4 - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Issuer)
HOUSTON, TEXAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- August 12, 2024 – Quanex Building Products Corporation (NYSE:NX) ("Quanex" or the "Company") today announced the appointment of Manish H. Shah and Amit Singhi to its Board of Directors effective August 12, 2024. George Wilson, President and Chief Executive Officer, commented, "Manish and Amit are both proven, forward-thinking leaders, and we're looking forward to the insights they'll bring to Quanex as we continuously strengthen our focus on profitable growth across all areas of the Company. We're confident in the value of their unique perspectives, and our leadership team is looking forward to their contributions." Mr. Shah is the C
NEW YORK, Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
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 after 38 years of service, rising to the rank of Lieutenant General. His military career included terms as the head of the U.S. Defense Intelligence Agency and as acting Principal Deputy Director of National Intelligence where he provided advice and expertise on national security to the President of the United States, the
Smith will continue to serve as non-executive Chairman of the Board Community Health Systems, Inc. (NYSE:CYH) announced today that Wayne T. Smith will retire from his role as Executive Chairman of the Board of Directors, effective January 1, 2023. Smith will continue to serve as the non-executive Chairman of the Board. This transition is the culmination of a leadership succession plan that began in January 2021 when Smith stepped down from his position as Chief Executive Officer and Tim L. Hingtgen was appointed Chief Executive Officer of the Company. Over a tenure of nearly 26 years, Smith led Community Health Systems through its evolution from a small, rural hospital operator to become
Community Health Systems, Inc. (NYSE:CYH) today announced the appointment of Joseph A. Hastings, D.M.D. to its Board of Directors for a term expiring at the 2022 Annual Meeting of Stockholders. Dr. Hastings, age 67, is a private practice orthodontist in Mobile, Alabama, with over 37 years of healthcare experience. From 2016 until July 2020, Dr. Hastings served on the board of directors of Quorum Health Corporation, an operator of general acute care hospitals and outpatient services, where he also served on its compensation committee, governance committee, and patient safety and quality of care committee. He has served in numerous leadership positions in local, state, and national dental an