Earnings summaries and quarterly performance for COMMUNITY HEALTH SYSTEMS.
Executive leadership at COMMUNITY HEALTH SYSTEMS.
Kevin J. Hammons
Interim Chief Executive Officer
Chad A. Campbell
Regional President – Region 2 Operations
Jason K. Johnson
Interim Chief Financial Officer
Justin D. Pitt
President and Chief Legal and Administrative Officer
Kevin A. Stockton
Executive Vice President of Operations and Development
Mark B. Medley
Regional President – Region 3 Operations
Board of directors at COMMUNITY HEALTH SYSTEMS.
Elizabeth T. Hirsch
Director
Fawn D. Lopez
Director
H. James Williams, Ph.D.
Director
James S. Ely III
Director
John A. Clerico
Lead Independent Director
John A. Fry
Director
Joseph A. Hastings, D.M.D.
Director
K. Ranga Krishnan, MBBS
Director
Michael Dinkins
Director
Ronald L. Burgess, Jr.
Director
Susan W. Brooks
Director
Wayne T. Smith
Chairman of the Board of Directors
William Norris Jennings, M.D.
Director
Research analysts who have asked questions during COMMUNITY HEALTH SYSTEMS earnings calls.
Andrew Mok
Barclays
6 questions for CYH
Brian Tanquilut
Jefferies
6 questions for CYH
Benjamin Hendrix
RBC Capital Markets
5 questions for CYH
Joshua Raskin
Nephron Research
5 questions for CYH
Stephen Baxter
Wells Fargo & Company
4 questions for CYH
Albert Rice
UBS
3 questions for CYH
Jason Cassorla
Guggenheim Partners
3 questions for CYH
A.J. Rice
UBS
2 questions for CYH
A.J. Rice
UBS Group AG
1 question for CYH
Charlie Mitchell
Wells Fargo
1 question for CYH
Stephen C. Baxter
Wells Fargo Securities LLC
1 question for CYH
Recent press releases and 8-K filings for CYH.
- Community Health Systems, Inc. (CYH) has signed a definitive agreement to sell substantially all assets of the 180-bed Crestwood Medical Center in Huntsville, Alabama, and its associated outpatient centers and practices.
- The buyer is Huntsville Hospital Health System.
- The sale price for the transaction is $450 million, subject to adjustment for net working capital and any finance leases assumed by the buyer.
- The transaction is expected to close in the second quarter of 2026.
- This divestiture is among additional potential divestitures previously discussed by the Company.
- Community Health Systems, Inc. (CYH) has signed a definitive agreement to sell substantially all assets of 180-bed Crestwood Medical Center in Huntsville, Alabama, and its associated outpatient centers and practices.
- The buyer is Huntsville Hospital Health System, with a total purchase price of $450 million, subject to adjustment for net working capital and any finance leases assumed by the buyer.
- The transaction is expected to close in the second quarter of 2026.
- This divestiture was among additional potential divestitures discussed on the Company's third quarter 2025 earnings call.
- On December 15, 2025, Community Health Systems, Inc. completed the redemption of $13,749,000 in outstanding principal amount of its 5.625% Senior Secured Notes due 2027.
- The company also redeemed $222,500,000 in outstanding principal amount of its 10.875% Senior Secured Notes due 2032, resulting in an aggregate outstanding principal amount of $2,002,500,000 for the 2032 Notes.
- Community Health Systems, Inc. (CYH), through its wholly owned subsidiary, CHS/Community Health Systems, Inc., completed the redemption of $13,749,000 in outstanding principal amount of its 5.625% Senior Secured Notes due 2027.
- The subsidiary also redeemed $222,500,000 in outstanding principal amount of its 10.875% Senior Secured Notes due 2032.
- These redemptions were completed on December 15, 2025.
- Kevin J. Hammons was appointed Chief Executive Officer and a member of the Board of Directors of Community Health Systems, Inc., effective December 10, 2025.
- Jason K. Johnson was appointed Executive Vice President and Chief Financial Officer, effective December 10, 2025.
- Phillip A. Posey was appointed Senior Vice President and Chief Accounting Officer, effective January 1, 2026, taking over from Mr. Johnson.
- Community Health Systems, Inc. (CYH) completed the sale of select assets of its ambulatory outreach laboratory services to Labcorp on December 1, 2025.
- The transaction was completed for approximately $194 million in cash, before certain transaction expenses.
- This sale is expected to result in an estimated pre-tax gain of $107 million ($80 million after tax).
- The strategic divestiture aims to provide broader access to high-quality testing and laboratory services for patients and providers, while allowing CHS-affiliated health systems to focus on core services.
- Community Health Systems (CYH) expects $20 million-$40 million in savings this year and $30 million-$50 million next year from its fully operational ERP system, which became active on January 1st.
- The company anticipates total proceeds from recent divestitures to approach $1 billion, including $35 million for Pennsylvania hospitals, $600 million for Clarksville, $190 million for outreach lab services, and a $90 million contingent payment.
- CYH's primary use of cash flow is to delever the company, aiming to reduce its leverage from 6.7x at the Q2 exit to the mid-5x range in the next few years.
- Professional fees are projected to be up 7% for the full year, with guidance of 8-10%, representing about 5.4% of revenues, while nursing wage increases are expected to be around 4%.
- The company is seeing a rebound in volumes in the third quarter after a Q2 disruption, though surgery volumes are expected to remain soft through the end of the year, particularly in elective outpatient areas for commercially insured patients.
- Subsidiaries of Community Health Systems, Inc. (CYH) have entered into a definitive agreement to sell their 80% ownership interests in two joint ventures.
- These joint ventures own and operate the 270-bed Tennova Healthcare - Clarksville and certain ancillary businesses located in Clarksville, Tennessee.
- The buyer is Vanderbilt University Medical Center (VUMC), which currently holds a minority ownership interest in these joint ventures.
- The total purchase price for the transaction is $600 million, subject to certain net working capital and other adjustments.
- The transaction is expected to close in early 2026, subject to customary regulatory approvals and closing conditions.
- Community Health Systems (CYH) subsidiaries have entered into a definitive agreement to sell their 80% ownership interests in two joint ventures, which own and operate the 270-bed Tennova Healthcare - Clarksville and certain ancillary businesses, to subsidiaries of Vanderbilt University Medical Center (VUMC).
- The sale price for these ownership interests is $600 million, subject to certain net working capital and other adjustments.
- The transaction is expected to close in early 2026, pending customary regulatory approvals and closing conditions, and is part of additional potential divestitures previously discussed by the Company.
- Tenor Health Foundation has signed a definitive agreement to acquire three hospitals in Northeastern Pennsylvania from Community Health Systems (CHS): Wilkes-Barre General Hospital, Regional Hospital of Scranton, and Moses Taylor Hospital, along with associated clinics.
- The acquisition, which includes a combined bed capacity of 677 beds, is contingent on regulatory approval and Tenor finalizing its funding, with a closing anticipated by the fourth quarter of 2025.
- This transaction follows a failed deal with WoodBridge Healthcare in November 2024 and addresses ongoing financial challenges faced by Community Health Systems.
Quarterly earnings call transcripts for COMMUNITY HEALTH SYSTEMS.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more