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Community Health Systems Inc (CYH.N)

CYH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Community Health Systems Announces Definitive Agreements To Sell Hospitals Located In Davenport And Lake Wales, Florida
Thursday, 23 May 2019 

May 22 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENTS TO SELL HOSPITALS LOCATED IN DAVENPORT AND LAKE WALES, FLORIDA.COMMUNITY HEALTH SYSTEMS - AFFILIATES SIGNED DEALS TO SELL TWO FLORIDA HOSPITALS TO AFFILIATES OF ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP.COMMUNITY HEALTH SYSTEMS - HOSPITALS INCLUDED IN TRANSACTIONS ARE AMONG ADDITIONAL DIVESTITURES DISCUSSED ON Q1 2019 EARNINGS CALL.  Full Article

Community Health Systems, Inc. Q1 Loss Per Share $1.04
Wednesday, 1 May 2019 

April 30 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES FIRST QUARTER 2019 RESULTS.Q1 LOSS PER SHARE $0.53 EXCLUDING ITEMS.Q1 LOSS PER SHARE $1.04.Q1 REVENUE $3.376 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.3 BILLION.Q1 SAME STORE SALES ROSE 3.1 PERCENT.Q1 EARNINGS PER SHARE ESTIMATE $-0.46 -- REFINITIV IBES DATA.ON A SAME-STORE BASIS, QTRLY ADMISSIONS DECREASED 0.1 PERCENT AND ADJUSTED ADMISSIONS INCREASED 0.8 PERCENT.COMMUNITY HEALTH - TO CONTINUE PORTFOLIO RATIONALIZATION STRATEGY DURING REMAINDER OF 2019 AND IS PURSUING ADDITIONAL INTERESTS FOR SALE TRANSACTIONS.CURRENTLY IN VARIOUS STAGES OF NEGOTIATION WITH POTENTIAL BUYERS..SEES 2019 NET OPERATING REVENUES $12,800 TO $13,100 MILLION.FY2019 REVENUE VIEW $12.95 BILLION -- REFINITIV IBES DATA.SEES 2019 NET LOSS PER SHARE $1.85 TO $1.50.FY2019 EARNINGS PER SHARE VIEW $-1.49 -- REFINITIV IBES DATA.SEES 2019 SAME-STORE HOSPITAL ANNUAL ADJUSTED ADMISSIONS GROWTH 0.0% TO 1.0%.  Full Article

Community Health Systems Q2 Loss Per Share $0.01 Excluding Items
Friday, 27 Jul 2018 

Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES SECOND QUARTER 2018 RESULTS WITH NET OPERATING REVENUES OF $3.562 BILLION.Q2 LOSS PER SHARE $0.01 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.97.Q2 SAME STORE SALES ROSE 3.3 PERCENT.Q2 REVENUE $3.562 BILLION VERSUS I/B/E/S VIEW $3.52 BILLION.Q2 EARNINGS PER SHARE VIEW $-0.43 -- THOMSON REUTERS I/B/E/S.COMMUNITY HEALTH SYSTEMS - ON SAME-STORE BASIS, QTRLY ADMISSIONS DECREASED 2.1 PERCENT & QTRLY ADJUSTED ADMISSIONS DECREASED 0.2 PERCENT,COMPARED TO SAME PERIOD IN 2017.  Full Article

Community Health Systems Announces Pricing Of Senior Secured Notes Due 2024
Friday, 29 Jun 2018 

June 28 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES PRICING OF SENIOR SECURED NOTES DUE 2024.COMMUNITY HEALTH SYSTEMS INC -PRICED AN OFFERING OF APPROXIMATELY $1.033 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 8.625% SENIOR SECURED NOTES DUE 2024.  Full Article

Community Health Systems Q4 Loss Per Share $17.98
Wednesday, 28 Feb 2018 

Feb 27 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES FOURTH QUARTER AND YEAR-END 2017 RESULTS AND 2018 GUIDANCE.Q4 LOSS PER SHARE $0.25 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q4 LOSS PER SHARE $0.28 EXCLUDING ITEMS.Q4 LOSS PER SHARE $17.95 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $17.98.Q4 REVENUE FELL 31.6 PERCENT TO $3.059 BILLION.COMMUNITY HEALTH SYSTEMS - ‍ON A SAME-STORE BASIS, ADMISSIONS DECREASED 1.7 PERCENT & ADJUSTED ADMISSIONS DECREASED 0.9 PERCENT IN QUARTER.SEES 2018 TOTAL CAPEX OF $475 MILLION TO $575 MILLION.SEES ‍2018 NET OPERATING REVENUES OF $13,600 MILLION TO $13,900​ MILLION.SEES ‍2018 LOSS FROM CONTINUING OPERATIONS PER SHARE OF $1.50 TO $1.10.SEES ‍2018 SAME-STORE HOSPITAL ANNUAL ADJUSTED ADMISSIONS OF DOWN 0.5% TO UP 0.5 %​.  Full Article

Community Health Systems Announces Definitive Agreements To Sell Leesville, Louisiana Hospital To Allegiance Health Management
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENTS TO SELL LEESVILLE, LOUISIANA HOSPITAL TO ALLEGIANCE HEALTH MANAGEMENT.COMMUNITY HEALTH SYSTEMS - HOSPITAL INCLUDED IN THE DEAL IS ONE OF ADDITIONAL PLANNED DIVESTITURES DISCUSSED ON Q3 EARNINGS CALL.  Full Article

Shanda Group, Affiliates, Hold About 24% Of Community Health Systems Common Stock
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS INC - ON JAN 11, MEMBERS OF SHANDA GROUP FILED AMENDMENT TO SCHEDULE 13D TO DISCLOSE INCREASE IN INVESTMENT IN CO.COMMUNITY HEALTH SYSTEMS INC - SHANDA, TOGETHER WITH AFFILIATES, IS CO'S LARGEST SHAREHOLDER,HOLDS ABOUT 24.0% OF CO'S OUTSTANDING COMMON STOCK.  Full Article

Community Health Systems Announces Definitive Agreement To Sell Dade City, Florida Hospital To Adventist Health System
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENT TO SELL DADE CITY, FLORIDA HOSPITAL TO ADVENTIST HEALTH SYSTEM.COMMUNITY HEALTH SYSTEMS - HOSPITAL INCLUDED IN THE TRANSACTION IS ONE OF ADDITIONAL PLANNED DIVESTITURES DISCUSSED ON Q3 2017 EARNINGS CALL.  Full Article

Saba Capital reports 6.8 pct passive stake in Community Health Systems
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Saba Capital Management L.P:Saba Capital Management LP reports 6.8 percent passive stake in Community Health Systems Inc as of October 31 - SEC filing.  Full Article

Community Health Systems says ecxpands divestiture plan
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Community Health Systems :Says pursuing sale of hospitals accounting for at least $2 billion of net revenue.Says previous hopsital divestiture plan was for sale of hospitals accounting for at least $1.5 billion of net revenue.Says has signed letters of intent for hospitals accounting for more than $1.2 billion in net revenue.  Full Article