Community Health Systems is a leading operator of general acute care hospitals and outpatient facilities throughout the United States
The company focuses on providing a wide range of health services, including emergency care, surgical procedures, and rehabilitation. By integrating advanced technology and a dedicated workforce, Community Health Systems aims to enhance the quality of patient care and improve health outcomes for the communities it serves. In addition to hospital operations, the company also engages in various healthcare-related initiatives and partnerships to address the evolving needs of the healthcare market.
Community Health Systems shares are trading lower by 7% Thursday afternoon. The company agreed to sell its North Carolina hospital to Duke Health for $280 million.
Community Health Systems, Inc. (NYSECYH) announced today that a subsidiary of the Company has signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center in Mooresville, N.C., and related businesses, to Duke Health for approximately $280 million, subject to certain net working capital and other adjustments.
Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSECYH), has completed the acquisition of certain urgent care centers owned and operated by Carbon Health in Arizona.
Community Health Systems, Inc. (NYSECYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell ShorePoint Health Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health Punta Gorda, in Punta Gorda, Florida, and certain ancillary businesses related to such facilities to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation (AdventHealth) for $265 million in cash, subject to certain net working capital and other adjustments. Due to the effects of Hurricane Helene and Hurricane Milton, the Punta Gorda hospital has indefinitely suspended inpatient operations.
Community Health Systems, Inc. (NYSECYH) today announced that management will participate in a fireside chat at the UBS Global Healthcare Conference to be held November 11 - 14, 2024 at the Terranea Resort Hotel in Rancho Palos Verdes, CA.
Community Health Systems, Inc. (NYSECYH) (the “Company”) today announced financial and operating results for the three and nine months ended September 30, 2024.
Community Health Systems, Inc. (NYSECYH) (“CHS”) and Denim Health have announced a development partnership that is aimed at revolutionizing the call center experience for patients through the implementation of conversational AI in the CHS Patient Access Center (“PAC”). The PAC is a centralized call center serving nearly 1,000 CHS-affiliated primary care providers and handling more than 25,000 inbound calls daily.
Northwest Urgent Care, LLC, a Tucson, Arizona, subsidiary of Community Health Systems, Inc. (NYSECYH), has signed an agreement to acquire 10 Arizona urgent care centers from Carbon Health.
Community Health Systems, Inc. (NYSECYH) announced today that Lynn Simon, MD, President, Healthcare Innovation and Chief Medical Officer, will retire from her current executive management position at the end of the year and transition into a consulting arrangement effective January 1, 2025. Under the terms of her consulting agreement, Dr. Simon will continue to advise the Company’s management team regarding innovation in healthcare, and will continue to identify, evaluate and facilitate potential new partnerships and emerging capabilities for the organization.
Community Health Systems, Inc. (NYSECYH) today announced that management will participate in the 2024 Wells Fargo Healthcare Conference to be held September 4 - 6, 2024.
Ardent Health Partners completes $192M IPO, operating 30 hospitals and 200+ care sites across six states. RBC Capital and Truist Securities initiate coverage with positive ratings, citing growth potential, market leadership, and strategic expansion in outpatient services.
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”) (NYSECYH) for violations of the securities laws.
Community Health Systems, Inc. (NYSECYH) announced today that certain subsidiaries of the Company have completed the sale of 351-bed Tennova Healthcare – Cleveland in Cleveland, Tennessee, and certain related businesses to Hamilton Health Care System, Inc. for $160 million. Additional cash consideration may be received contingent upon potential changes to certain supplemental reimbursement programs. The transaction is effective August 1, 2024.
Community Health Systems, Inc. (NYSECYH) announced today that certain subsidiaries of the Company have entered into a definitive agreement to sell three Pennsylvania hospitals – 186-bed Regional Hospital of Scranton and 122-bed Moses Taylor Hospital in Scranton, 369-bed Wilkes-Barre General Hospital in Wilkes-Barre, and certain related businesses to affiliates of WoodBridge Healthcare, Inc. for $120 million, inclusive of a $10 million prepayment for services to be provided pursuant to an information technology transition services agreement and subject to adjustment for the assumption of any capital/finance leases and net working capital.
