Financial Performance - Net operating revenues for Q4 2024 totaled $3.265 billion, a 2.6% increase from $3.181 billion in Q4 2023[4] - Net loss attributable to Community Health Systems, Inc. stockholders was $(70) million, or $(0.53) per share (diluted), compared to net income of $46 million, or $0.35 per share (diluted) in Q4 2023[5] - Adjusted EBITDA for Q4 2024 was $428 million, up from $386 million in Q4 2023, reflecting a growth of 10.9%[7] - For the year ended December 31, 2024, net operating revenues were $12.634 billion, a 1.2% increase from $12.490 billion in 2023[9] - The net loss attributable to Community Health Systems, Inc. stockholders for the year was $(516) million, or $(3.90) per share (diluted), compared to $(133) million, or $(1.02) per share (diluted) in 2023[10] - Adjusted EBITDA for the year ended December 31, 2024, was $1.540 billion, an increase of 6% from $1.453 billion in 2023[11] - Total net operating revenues for 2024 were $12,634 million, a 1.2% increase from $12,490 million in 2023[40] - Adjusted EBITDA for 2024 was $1,540 million, reflecting a 6.0% increase from $1,453 million in 2023[40] Operational Metrics - On a same-store basis, net operating revenues increased 6.5% in Q4 2024 compared to Q4 2023[4] - Same-store admissions increased by 3.4% in Q4 2024 compared to the same period in 2023[5] - Admissions decreased by 5.6% to 104,644 in Q4 2024, compared to 110,874 in Q4 2023[36] - Admissions decreased by 3.2% to 422,040 in 2024 from 435,913 in 2023[40] - The average occupancy rate for beds in service was 52.5% in 2024, slightly up from 52.4% in 2023[40] - The number of hospitals at the end of Q4 2024 was 76, down from 78 at the end of Q4 2023[36] - The number of hospitals at the end of 2024 was 76, down from 78 in 2023[40] Cash Flow and Expenses - Net cash provided by operating activities for Q4 2024 was $216 million, compared to $90 million in Q4 2023[5] - Net cash provided by operating activities increased by 140.0% to $216 million in Q4 2024, up from $90 million in Q4 2023[36] - Net cash provided by operating activities increased by 128.6% to $480 million in 2024 from $210 million in 2023[46] - Total operating expenses for Q4 2024 were $2,986 million, representing 91.5% of net operating revenues, compared to 89.7% in Q4 2023[28] Future Projections - The company projects net operating revenues for 2025 to be between $12,200 million and $12,600 million[58] - The projected Adjusted EBITDA for 2025 is estimated to be between $1,450 million and $1,600 million[58] - The net loss per share - diluted for 2025 is projected to range from $(0.55) to $0.00[58] - The weighted-average diluted shares outstanding for 2025 are projected to be approximately 134 million[61] - Interest expense for 2025 is estimated to be between $840 million and $860 million[59] - The company expects depreciation and amortization to be approximately 3.5% of net operating revenues for 2025[59] Risks and Challenges - The company faces significant economic and competitive uncertainties, including high interest rates and geopolitical instability[65] - The company is subject to risks associated with substantial indebtedness and debt service obligations, impacting its ability to refinance[66] - Changes in healthcare public policy and potential alterations to Medicare and Medicaid programs could affect the company's operations[65] - The company anticipates challenges related to health insurance enrollment and the expiration of enhanced subsidies under the Affordable Care Act[65] - The company is exposed to cybersecurity threats and potential breaches affecting its information systems[66] - The company is navigating competitive labor market conditions, impacting its ability to hire and retain qualified medical personnel[66] Strategic Initiatives - The company completed two hospital divestitures in 2024 and divested a 50% interest in another hospital in February 2025[13] - The company is focused on integrating acquired hospitals and outpatient facilities to realize expected benefits and growth in patient service revenues[68] - The company is committed to realizing anticipated cost savings from its current strategic and operational cost-saving initiatives[68] - The consolidated operating results for the three months and year ended December 31, 2024, are not necessarily indicative of future results[67] - The company is actively monitoring the impact of emerging technologies, including artificial intelligence and machine learning, on its operations[66]

Hospital operator Community Health Systems, Inc. (CYH) is set to report fourth-quarter 2024 results on Feb. 18, 2025, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at 5 cents per share and the same for revenues is pinned at $3.16 billion. See the Zacks Earnings Calendar to stay ahead of market-making news.The fourth-quarter earnings estimate has increased a penny over the past month. The bottom-line estimate indicates a year-over-year impr ...

The market expects Community Health Systems (CYH) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected t ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...

Shares of Community Health Systems, Inc. (CYH) have lost 16.4% in the past six months, underperforming the industry’s decline of 3.8% due to several challenges being faced by the hospital industry. Peers like Acadia Healthcare Company, Inc. (ACHC) and Tenet Healthcare Corporation (THC) have moved down 32.8% and 2.6%, respectively, during this time.Meanwhile, the S&P 500 index has experienced growth of 6.3%, highlighting the stark difference in performance. CYH has moved up 23.5% at this point from its 52-we ...

Core Viewpoint - Community Health Systems, Inc. (CYH) is divesting the Lake Norman Regional Medical Center to Duke Health for approximately $280 million, aligning with its strategy to improve financial performance through divestitures [1][2]. Group 1: Divestiture Strategy - The divestiture of the Lake Norman Regional Medical Center is part of CYH's $1 billion divestiture plan for the year, with the transaction expected to complete in Q1 2025 [2]. - Over the past four years, CYH has divested around 70 hospitals to enhance profitability, cash flow, and margins [3]. - A planned $120 million sale of three Pennsylvania hospitals was recently terminated due to funding issues faced by the buyer [3]. Group 2: Financial Position - As of September 30, 2024, CYH had cash and cash equivalents of $33 million and long-term debt of $11.5 billion, resulting in a debt-to-capital ratio of 116%, significantly above the industry average of 84.68% [4]. - The divestiture efforts are crucial for debt reduction and freeing up capital for investments in remaining hospitals [4]. Group 3: Growth Initiatives - The company plans to invest in remaining hospitals and expand capacity to meet growing service demand, with several de novo and expansion projects in the pipeline [5]. - CYH has recently acquired urgent care centers in Arizona, increasing its network to over 80 care sites [6]. Group 4: Market Performance - Community Health shares have increased by 51.7% over the past year, outperforming the 20% rise of the broader industry [7].

Community Health Systems Inc CYH shares are trading lower by 7% to $3.38 Thursday afternoon. The company announced a definitive agreement to sell its North Carolina Hospital to Duke Health for approximately $280 million.What Else: Community Health Systems announced that a subsidiary has entered a definitive agreement to sell the 123-bed Lake Norman Regional Medical Center in Mooresville, N.C., and related businesses to Duke Health for approximately $280 million, pending adjustments. The transaction, expecte ...

Community Health Systems, Inc. (CYH) unveiled that some of its subsidiaries signed a definitive deal to divest Florida-based ShorePoint Health Port Charlotte, along with specific assets of ShorePoint Health Punta Gorda situated in the Punta Gorda city of the state, and related ancillary businesses. The buyer, subsidiaries of Adventist Health System Sunbelt Healthcare Corporation, will acquire these aforementioned assets for $265 million in cash, subject to adjustments for net working capital and other facto ...

It has been about a month since the last earnings report for Community Health Systems (CYH) . Shares have lost about 11.8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Community Health Systems due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Community Health Q3 ...

If you like what you have just read and want to receive at least 4 exclusive stock tips every week focused on Pharma, Biotech and Healthcare, then join me at my marketplace channel, Haggerston BioHealth . Invest alongside the model portfolio or simply access the investment bank-grade financial models and research. I hope to see you there. As we can see above, revenues only slightly exceeded last year's figure, reaching $3.1bn, but fell sequentially, from $3.14bn, and operating income fell substantially, to ...