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 ...

Earnings Presentation – 2nd Quarter, 2024 July 24, 2024 Disclaimer Statement 2 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties. All statements in this presentation other than statements of historical fact, including statements regarding projections, expected operating res ...

The reported revenue represents a surprise of +1.96% over the Zacks Consensus Estimate of $3.08 billion. With the consensus EPS estimate being -$0.11, the EPS surprise was -54.55%. Here is how Community Health Systems performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Community Health Systems (CYH) reported $3.14 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 0.8%. EPS of -$0.17 for the sa ...

Exhibit Number 99.1 Investor Contact: Kevin Hammons President and Chief Financial Officer (615) 465-7000 COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES SECOND QUARTER ENDED JUNE 30, 2024 RESULTS FRANKLIN, Tenn. (July 24, 2024) – 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. Commenting on the results, Ti ...

The second-quarter earnings season for Hospital companies is likely characterized by the ongoing resumption of elective procedures, growing patient volumes, admission and utilization of resources. Continuous technological advancements are also expected to have boosted efficiency efforts within the industry during this period. The hospital space belongs to the Medical sector (one of the 16 broad Zacks sectors within the Zacks Industry classification), overall earnings of which are projected to increase 18.4% ...