Community Health Systems, Inc. Common Stock (CYH)

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) provided an update on the planned divestiture of Commonwealth Health System in Pennsylvania.

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) today announced that it will webcast its third quarter 2024 conference call.

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.

Hospital and ambulatory care operator Tenet Healthcare Co. (NYSETHC) is operating in the sweet spot of healthcare these days.

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.

The nation's largest hospital operator, HCA Healthcare Inc. (NYSEHCA), surged to all-time highs following its strong Q2 2024 earnings results.

Community Health Systems, Inc. (NYSECYH) (the “Company”) today announced financial and operating results for the three and six months ended June 30, 2024.

Community Health Systems, Inc. (NYSECYH) (“CHS”) (the “Company”) released its 2024 Community Impact Report today, highlighting the Company’s substantial efforts to deliver quality healthcare, support and strengthen its workforce, protect the environment, and provide important economic benefits for the many communities it serves. Through all of these actions, CHS affirms its unwavering commitment to create a healthier, more sustainable future for all.

Community Health Systems, Inc. (NYSECYH) today announced that it will webcast its second quarter 2024 conference call.

Community Health Systems, Inc. (NYSECYH) (“CHS”) announced today that it is expanding its partnership with Mark Cuban Cost Plus Drugs Company, making more medications available – at significantly lower costs – to the Company’s affiliated hospitals.

Community Health Systems, Inc. (NYSECYH) provided an update on the planned divestiture of two North Carolina hospitals today.

Community Health Systems, Inc. (the “Company”) (NYSECYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has priced an offering of an additional $1,225.0 million aggregate principal amount of its outstanding 10.875% Senior Secured Notes due 2032 (the “Tack-On Notes”) at an issue price of 102.000%, plus accrued and unpaid interest from December 22, 2023 to the closing date (the “Notes Offering”). This represents an increase of $100.0 million in aggregate principal amount in the offering size of the Tack-On Notes. The Tack-On Notes will be part of the same series as, and rank equally with, the Issuer’s 10.875% Senior Secured Notes due 2032 issued in December 2023. After giving effect to this offering, the Issuer will have $2,225.0 million aggregate principal amount of outstanding 10.875% Senior Secured Notes due 2032. The sale of the Tack-On Notes is expected to be consummated on or about June 5, 2024, subject to customary closing conditions.

Community Health Systems, Inc. (the “Company”) (NYSECYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to offer an additional $1,125.0 million aggregate principal amount of the Issuer’s outstanding 10.875% Senior Secured Notes due 2032 (the “Tack-On Notes”), subject to market and other conditions (the “Notes Offering”).

Community Health Systems, Inc. (NYSECYH) announced today that Fawn Lopez has been elected by its stockholders and has joined the Company’s Board of Directors as a new independent director.

Community Health Systems, Inc. (NYSECYH) today announced that management will participate in the RBC Capital Markets Global Healthcare Conference to be held May 14-15, 2024, at the InterContinental New York Barclay.