Community Health Systems (CYH) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this operator of accute care hospitals would post a loss of $0.11 per share when it actually produced a loss of $0.17, delivering a surprise of -54.55%.Over the last fou ...

COMMUNITY HEALTH SYSTEMS, INC. Investor Contact: Kevin Hammons President and Chief Financial Officer (615) 465-7000 Exhibit Number 99.1 COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES THIRD QUARTER ENDED SEPTEMBER 30, 2024 RESULTS FRANKLIN, Tenn. (October 23, 2024) – 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 ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, inves ...

Community Health Systems, Inc. (CYH) recently partnered with Denim Health to integrate conversational AI technology into its Patient Access Center (PAC), which handles calls for almost a thousand CYH-affiliated primary care providers. These are responsible for operating more than 25,000 inbound calls every day. The collaboration aims to enhance the patient experience and streamline call center operations. After a successful pilot in late 2023, Community Health deployed Denim Health's AI bot across its PAC t ...

Community Health Systems, Inc. (CYH) recently announced that its subsidiary, Northwest Urgent Care, LLC, has agreed to buy 10 urgent care centers in Arizona from Carbon Health. The move is expected to boost the company's capacity and footprint in the region. The transaction is scheduled to be completed in the fourth quarter of 2024. Northwest Urgent is part of Northwest Healthcare, which serves Tucson and its surrounding communities in Arizona. The acquisition is expected to expand Northwest Healthcare's ne ...

It has been about a month since the last earnings report for Community Health Systems (CYH) . Shares have added about 2.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Community Health Systems due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Community Health Q2 ...

LOS ANGELES, Aug. 2, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Community Health Systems, Inc. ("Community Health" or "the Company") (NYSE: CYH) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Community Health issued a press release on Juny 19, 2024, "pr ...

10 Form 10-Q (Mark One) or Commission file number 001-15925 COMMUNITY HEALTH SYSTEMS, INC. (Exact name of registrant as specified in its charter) Delaware 13-3893191 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was requi ...

Community Health Systems, Inc. (NYSE:CYH) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Anton Hie - Vice President of Investor Relations Tim Hingtgen - CEO Kevin Hammons - President and CFO Conference Call Participants Brian Tanquilut - Jefferies AJ Rice - UBS Ben Hendrix - RBC Capital Stephen Baxter - Wells Fargo Josh Raskin - Nephron Research Operator Good day, and welcome to the Community Health Systems' Second Quarter 2024 Earnings Conference Call. All participants will ...

Community Health Systems, Inc. (CYH) reported a second-quarter 2024 adjusted loss of 17 cents per share, which was wider than the Zacks Consensus Estimate of a loss of 11 cents. However, the bottom line improved from the prior-year loss of 22 cents per share. Net operating revenues rose 0.6% year over year to $3.14 billion in the quarter under review. The top line beat the consensus mark by 2%. The quarterly earnings suffered from lower patient days, admissions and average length of stay. However, improved ...