- American City Business Journals•6 days ago
Quorum Health Corp. has reached agreements to sell two hospitals this month, proof the young entity, like its former parent company , is serious about shedding underperforming hospitals . Quorum (QHC), which spun out of Franklin-based Community Health Systems Inc. (CYH) earlier this year, has reached a definitive agreement to sell a 64-bed hospital in Hamlet, N.C. That deal, terms of which were not disclosed, follows the company's Oct. 3 announcement of an agreement to sell a 56-bed hospital in Georgia. "We continue to move forward in executing our strategy and this announcement marks our second definitive agreement in that effort," Quorum CEO Thomas Miller said in today's release.
- American City Business Journals•8 days ago
Community Health Systems Inc., the owner of Bayfront Health St. Petersburg, is selling a majority stake in its home health operations. The deal makes the buyer, Almost Family Inc., a much bigger player in home health in Florida. It also raises new questions about whether Community Health (CYH), the parent company of Bayfront and other local hospitals, will keep or sell those hospital properties.
Community Health Systems, Inc. (CYH)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||10.23 x 10100|
|Ask||10.24 x 9200|
|Day's Range||10.22 - 10.60|
|52wk Range||9.66 - 26.55|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-0.79|
|Avg Vol (3m)||4,855,598|
|Dividend & Yield||0.00 (0.00%)|