Community Health Systems Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 30, 2025, CHSPSC, LLC, a wholly-owned subsidiary of Community Health Systems, Inc. (the “Company”), entered into a consultancy agreement (the “Consulting Agreement”) with Tim L. Hingtgen, the Company’s retiring Chief Executive Officer. As previously disclosed in a Current Report on Form 8-K filed by the Company on July 23, 2025, Mr. Hingtgen is retiring as a director and executive officer of the Company effective September 30, 2025. Pursuant to the Consulting Agreement, Mr. Hingtgen will advise the Company’s management team on healthcare operations and strategy and other assignments as requested by Kevin J. Hammons, Interim Chief Executive Officer and/or his designee. The term of the Consulting Agreement will be October 1, 2025 to September 30, 2026. During the term of the Consulting Agreement, Mr. Hingtgen will be entitled to receive consulting fees of $33,333.33 per month and will be subject to certain restrictions on competing, solicitation and conflicts of interest with CHSPSC, LLC or its affiliates.
The foregoing summary of the Consulting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Consulting Agreement, which is filed as Exhibit 10.1 hereto and incorporated into this report by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Description |
10.1 |
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Consultancy Agreement, dated September 30, 2025, by and between CHSPSC, LLC and Tim L. Hingtgen |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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COMMUNITY HEALTH SYSTEMS, INC. |
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Date: |
September 30, 2025 |
By: |
/s/ Christopher G. Cobb |
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Christopher G. Cobb |