SunLink Health Systems, Inc., through its subsidiaries, provides healthcare products and services in the southeastern United States. It operates through two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates an 84-bed community hospital, which includes an 18-bed geriatric psychiatry unit and a 66-bed nursing home in Mississippi; as well as offers information technology services. This segment also owns unimproved lands. The Pharmacy segment offers institutional and non-institutional pharmacy services; and durable medical equipment products and services, which consist of the sale and rental of products for institutional clients or to patients in institutional settings and patient-administered home care, as well as retail pharmacy products and services. SunLink Health Systems, Inc. was founded in 1959 and is based in Atlanta, Georgia.
IPO Year: 1996
Exchange: AMEX
Website: sunlinkhealth.com
SunLink Health Systems, Inc. (NYSE:SSY) today announced that its Board of Directors (a) declared a dividend of one one-thousandth (1/1,000th) of a share (each a "Series C Fractional Interest") of the Company's newly-designated Series C Redeemable Preferred Shares, no par value per share (the "Series C Preferred Shares"), for each outstanding common share of the Company (the "Common Shares"), payable on August 16, 2023 to shareholders of record as of 5:00 p.m. Eastern Time on August 15, 2023 and (b) its intent to call a special meeting of shareholders to consider and approve a proposal to reincorporate the Company as a Georgia corporation (the "Reincorporation Proposal"). The outstanding S
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Gainers Concord Medical Services (NYSE:CCM) shares moved upwards by 131.0% to $4.85 during Tuesday's after-market session. The company's market cap stands at $210.6 million. Calidi Biotherapeutics (AMEX:CLDI) stock increased by 4.26% to $0.21. The market value of their outstanding shares is at $10.8 million. Anitra (AMEX:AZTR) shares moved upwards by 2.69% to $0.18. The market value of their outstanding shares is at $5.0 million. MAIA Biotechnology (AMEX:MAIA) stock rose 0.79% to $3.79. The company's market cap stands at $82.7 million. Emergent BioSolutions (NYSE:EBS) shares moved upwards by 0.53% to $5.59. The market value of their outstanding shares is at $292.9 million. Asensus Surg
SunLink Health Systems Inc (NASDAQ:SSY) shares are trading higher by 13.4% to $0.68 during Tuesday's session after the company late Monday announced that its subsidiary, Southern Health Corporation of Houston, has sold the Trace Extended Care & Rehab senior care facility and related real estate in Houston, Mississippi for around $7.1 million. The net proceeds of about $6.5 million will be used for working capital and general corporate purposes. The sale is expected to result in a pre-tax gain of approximately $5.7 million in the fourth fiscal quarter ending June 30. This sale aligns with SunLink’s strategy to position itself for a potential extraordinary transaction, such as a merger
Gainers Annexon (NASDAQ:ANNX) shares increased by 57.2% to $7.2 during Tuesday's pre-market session. The market value of their outstanding shares is at $665.3 million. Fresh2 Group (NASDAQ:FRES) shares moved upwards by 36.08% to $0.48. The company's market cap stands at $11.8 million. SunLink Health Systems (AMEX:SSY) stock moved upwards by 32.45% to $0.8. The market value of their outstanding shares is at $5.6 million. Adlai Nortye (NASDAQ:ANL) stock moved upwards by 15.96% to $7.12. The market value of their outstanding shares is at $262.7 million. TRACON Pharma (NASDAQ:TCON) shares rose 15.74% to $1.47. The market value of their outstanding shares is at $3.9 million. Kindly MD (NASD
Shares of Healthequity Inc (NASDAQ:HQY) rose sharply in today's pre-market trading as the company reported better-than-expected first-quarter financial results. The company reported quarterly earnings of 80 cents per share which beat the analyst consensus estimate of 66 cents, according to data from Benzinga Pro. HealthEquity issued strong FY25 earnings guidance and also issued FY25 revenue guidance with its midpoint above expectations. Healthequity shares jumped 5.9% to $85.98 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers MicroAlgo Inc (NASDAQ:MLGO) rose 209.5% to $4.83 in today's pre-market trading. WiMi Hologram Cloud a
SunLink Health Systems (AMEX:SSY) reported quarterly losses of $(0.06) per share. This is a 120.69 percent decrease over earnings of $0.29 per share from the same period last year. The company reported $8.51 million in sales this quarter. This is a 40.87 percent decrease over sales of $14.39 million the same period last year.
SunLink Health Systems (AMEX:SSY) reported quarterly losses of $(0.06) per share. This is a 72.73 percent increase over losses of $(0.22) per share from the same period last year. The company reported $8.55 million in sales this quarter. This is a 22.49 percent decrease over sales of $11.04 million the same period last year.
SunLink Health Systems, Inc. (NYSE:AMERICAN) today announced that its subsidiary, Crown Healthcare Investments, LLC, has signed an agreement with Progressive Health Group, LLC ("Buyer") for the sale of the subsidiary that owns and operates Trace Regional Medical Center, which includes a hospital, skilled nursing facility and three (3) patient clinics in Chickasaw County, MS, for approximately $8,000,000. The sale is subject to, among other things, the Buyer's satisfactory completion of its due diligence investigation and a number of customary closing conditions. The company expects to recognize a pre-tax gain of approximately $1,700,000 on the transaction, which is scheduled to close on Dece
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
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4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
4 - SUNLINK HEALTH SYSTEMS INC (0000096793) (Issuer)
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SunLink Health Systems, Inc. (NYSE:SSY) today announced a loss from continuing operations of $442,000 (or a loss of $0.06 per fully diluted share) for its first fiscal quarter ended September 30, 2024 compared to a loss from continuing operations of $428,000 (or a loss of $0.06 per fully diluted share) for the first fiscal quarter ended September 30, 2023. During the quarter ended September 30, 2024, the Company sold non-core assets for cash totaling $1,465,000, which resulted in an aggregate pre-tax gain of $694,000 in the quarter ended September 30, 2024. Net loss for the quarter ended September 30, 2024 was $549,000 (or a loss of $0.08 per fully diluted share) compared to a net loss of
SunLink Health Systems, Inc. (NYSE:SSY) today announced that its subsidiary, Southern Health Corporation of Houston, Inc., and an affiliate, have completed the sale of the hospital building and related real estate of its formerly operated Trace Regional Hospital in Houston, Mississippi for approximately $2,000,000. The company said the net proceeds of approximately $1,932,000 will be retained for working capital and general corporate purposes. The company expects to recognize a pre-tax loss on the sale of approximately $91,000 in its second fiscal quarter ending December 31, 2024. SunLink noted that the sale is intended to further its strategy of positioning itself for the possibility of a
SunLink Health Systems, Inc. (NYSE:SSY) today announced a loss from continuing operations of $652,000 (or a loss of $0.09 per fully diluted share) for its fourth fiscal quarter ended June 30, 2024 compared to a loss from continuing operations of $1,021,000 (or a loss of $0.15 per fully diluted share) for the fourth fiscal quarter ended June 30, 2023. Earnings from discontinued operations were $4,940,000 (or earnings of $0.70 per fully diluted share) for the fourth fiscal quarter ended June 30, 2024 compared to a loss from discontinued operations of $405,000 (or a loss of $0.06 per fully diluted share) for the fourth fiscal quarter ended June 30, 2023. During the quarter ended June 30, 2024
SunLink Health Systems, Inc. (NYSE:AMERICAN) today announced that its subsidiary, Southern Health Corporation of Houston, Inc., has completed the sale of its Trace Extended Care & Rehab senior care facility and related real estate in Houston, Mississippi for approximately $7,100,000. The company said the net proceeds of approximately $6,500,000 will be retained for working capital and general corporate purposes. The company expects to recognize a pre-tax gain on the sale of approximately $5,700,000 in its fourth fiscal quarter ending June 30, 2024. SunLink noted that the sale is intended to further its strategy of positioning itself for an extraordinary transaction, which might include a
SunLink Health Systems, Inc. (NYSE:SSY) today announced a loss from continuing operations of $824,000 (or a loss of $0.12 per fully diluted share) for its third fiscal quarter ended March 31, 2024 compared to a loss from continuing operations of $453,000 (or a loss of $0.06 per fully diluted share) for the third fiscal quarter ended March 31, 2023. Net loss for the quarter ended March 31, 2024 was $1,396,000 (or a loss of $0.20 per fully diluted share) compared to a net loss of $762,000 (or a loss of $0.11 per fully diluted share) for the quarter ended March 31, 2023. The net loss for the third fiscal quarter of 2024 included a loss from discontinued operations of $572,000 (or a loss of $
SunLink Health Systems, Inc. (NYSE:SSY) today announced a loss from continuing operations of $407,000 (or a loss of $0.06 per fully diluted share) for its second fiscal quarter ended December 31, 2023 compared to earnings from continuing operations of $2,277,000 (or $0.32 per fully diluted share) for the second fiscal quarter ended December 31, 2022. Net loss for the quarter ended December 31, 2023 was $3,075,000 (or a loss of $0.44 per fully diluted share) compared to net earnings of $1,951,000 (or $0.28 per fully diluted share) for the quarter ended December 31, 2022. The net loss for the quarter included a loss from discontinued operations of $2,668,000 (or a loss of $0.38 per fully di
SunLink Health Systems, Inc. (NYSE:AMERICAN) today announced that its indirect subsidiary, Southern Health Corporation of Houston, Inc. ("Southern"), has reached a revised agreement for the sale of Trace Regional Hospital and three (3) patient clinics in Chickasaw County, MS, ("Trace") to Progressive Health of Houston, LLC ("Progressive"). Southern sold certain personal and intangible property to Progressive for $500,000 pursuant to an asset purchase agreement, entered into a six-month net lease of certain hospital real property for $20,000 per month, and engaged Progressive under a management agreement to manage the operations of the hospital and clinics until receipt of certain regulatory
SunLink Health Systems, Inc. ("SunLink") (NYSE:SSY) today announced that SunLink and Progressive Health Group, LLC ("Progressive") have amended their previously-announced agreement for the sale by SunLink's subsidiary, Crown Healthcare Investments, LLC, of Trace Regional Medical Center in Houston, Mississippi, to Progressive to, among other things, extend the closing date until January 31, 2024, on substantially the same price and terms previously announced. SunLink Health Systems, Inc. is the parent company of subsidiaries that own and operate healthcare properties and businesses in the Southeast. Each of the Company's businesses is operated locally with a strategy of linking patients' n
SunLink Health Systems, Inc. (NYSE:SSY) today announced a loss from continuing operations of $428,000 (or a loss of $0.06 per fully diluted share) for its first fiscal quarter ended September 30, 2023 compared to a loss from continuing operations of $605,000 (or a loss of $0.09 per fully diluted share) for the first fiscal quarter ended September 30, 2022. On November 10, 2023, the Company's subsidiary, Crown Healthcare Investments, LLC, signed an agreement with Progressive Health Group, LLC, ("Buyer") for the sale of the subsidiary that owns and operates Trace Regional Medical Center ("Trace"), which includes a hospital, a skilled nursing facility and three (3) patient clinics in Houston,
SunLink Health Systems, Inc. (NYSE:AMERICAN) today announced that its subsidiary, Crown Healthcare Investments, LLC, has signed an agreement with Progressive Health Group, LLC ("Buyer") for the sale of the subsidiary that owns and operates Trace Regional Medical Center, which includes a hospital, skilled nursing facility and three (3) patient clinics in Chickasaw County, MS, for approximately $8,000,000. The sale is subject to, among other things, the Buyer's satisfactory completion of its due diligence investigation and a number of customary closing conditions. The company expects to recognize a pre-tax gain of approximately $1,700,000 on the transaction, which is scheduled to close on Dec
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