CHS-Affiliated Hospitals Begin to Purchase Medications from the Cost Plus Drugs Marketplace
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.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
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
Oppenheimer analyst Michael Wiederhorn maintains Community Health Sys (NYSE:CYH) with a Outperform and raises the price target from $4.5 to $5.
Community Health Sys (NYSE:CYH) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $(0.12) by 41.67 percent. This is a 22.73 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $3.140 billion which beat the analyst consensus estimate of $3.084 billion by 1.82 percent. This is a 0.80 percent increase over sales of $3.115 billion the same period last year.
On Tuesday, HCA Healthcare Inc. (NYSE:HCA) reported second-quarter revenues of $17.49 billion, up from $15.86 billion a year ago and beating the consensus of $17.05 billion. The hospital chain reported adjusted EPS of $5.50, up from $4.29 a year ago, beating the consensus of $5.36. “The company’s results for the second quarter were positive and reflected strong demand for our services,” said Sam Hazen, Chief Executive Officer of HCA Healthcare. In the second quarter of 2024, same-facility admissions increased 5.8% year over year, while same-facility equivalent admissions increased 5.2%. Same-facility emergency room visits increased by 5.5%. Same-facility inpatient surgeries incre
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
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
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)
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
10-Q - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
8-K - COMMUNITY HEALTH SYSTEMS INC (0001108109) (Filer)
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)