|Bid||0.0000 x 1800|
|Ask||4.6000 x 800|
|Day's Range||4.3900 - 4.6100|
|52 Week Range||2.4800 - 5.3500|
|Beta (3Y Monthly)||4.29|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.06|
SAN DIEGO, CA / ACCESSWIRE / March 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit for certain investors in shares of Community Health Systems Inc (NYSE: CYH) is pending against Community ...
Two whistleblowers have accused Community Health Systems Inc. of submitting false claims to the federal government, resulting in hundreds of millions of dollars of payments to the Franklin-based company, according to a recently unsealed lawsuit. The lawsuit alleges false claims were made to the Department of Health and Human Services for payments through the Electronic Health Record Incentive Program, also known as the meaningful use program. Passed in 2009, the meaningful use program is meant to encourage hospitals and physicians to adopt certified electronic health records and show they are “meaningfully using” the technology by meeting a number of objectives designed to improve patient care.
Community Health Systems, Inc. (CYH) today announced that management will participate in Oppenheimer’s 29th Annual Healthcare Conference to be held March 19-20, 2019, at The Westin New York Grand Central in New York. The investor presentation will begin at 9:45 a.m. Eastern time, 8:45 a.m. Central time, on Wednesday, March 20, 2019, and will be available to investors via a live audio webcast. Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country.
Community Health Systems, Inc. announced today that subsidiaries of the Company have completed the sale of four South Carolina hospitals – 82-bed Chester Regional Medical Center in Chester, 225-bed Springs Memorial Hospital in Lancaster, 396-bed Carolinas Hospital System in Florence, and 124-bed Carolinas Hospital System – Marion in Mullins – along with related businesses, including physician clinic ...
The $1.6 billion of senior secured debt will be used to refinance a loan due 2021 of around the same amount, according to a statement Wednesday. With the refinancing, Community Health will reduce its amortization payments and possibly allow for future asset sale proceeds to be used toward its remaining 2019 and 2020 bond payments, according to Bloomberg Intelligence analyst Mike Holland.
Moody's Investors Service (Moody's) assigned a Caa1 rating to CHS/Community Health Systems, Inc.'s ("Community") new senior secured notes. Moody's expects Community to use proceeds from this $1.6 billion issuance to repay term loan borrowings and cover transaction costs. There is no change to Community's existing ratings, including its Caa3 Corporate Family Rating or Caa3-PD Probability of Default Rating.
Community Health Systems, Inc. (the “Company”) (CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has priced an offering of approximately $1.601 billion aggregate principal amount of its 8.00% Senior Secured Notes due 2026 (the “New Notes”). The sale of the New Notes is expected to be consummated on or about March 6, 2019, subject to customary closing conditions. The New Notes are being offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act.
Last summer, the company offered $1.03 billion of senior secured notes with the intent to use the proceeds to repay $1.01 billion of outstanding term loans.
Community Health Systems, Inc. (the “Company”) (CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), intends to offer $1.580 billion aggregate principal amount of Senior Secured Notes due 2026 (the “New Notes”), subject to market and other conditions. The New Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act.
Brentwood-based Trinisys grew its revenue to $7.4 million in 2018, an almost $2.5 million increase from the previous year, by helping health systems aggregate patient data.
Community Health Systems Inc is a operators of general acute care hospitals. Warning! GuruFocus has detected 4 Warning Signs with CYH. For the last quarter Community Health Systems Inc reported a revenue of $3.5 billion, compared with the revenue of $3.7 billion during the same period a year ago.
Shares of CHS jumped almost $1 after the release of its fourth-quarter earnings on Wednesday, to $4.99 per share.
Community Health Systems (CYH) delivered earnings and revenue surprises of 27.59% and 1.94%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Franklin, Tennessee-based company said it had a loss of $2.91 per share. Losses, adjusted for asset impairment costs and pretax expenses, came to 42 cents per share. The results beat Wall Street expectations. ...
Community Health Systems, Inc. today announced financial and operating results for the three months and year ended December 31, 2018.
In the wake of its formal announcement, the company is gearing up for a big sales pitch opportunity in May.
Community Health Systems (CYH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The University of Louisville and University Medical Center Inc. have revealed that the do not have contract with the CEO they have working onsite to revamp U of L's health care operation.
Community Health Systems, Inc. (CYH) today announced that it will provide an online Web simulcast and rebroadcast of its fourth quarter and year-end 2018 conference call. The Company will issue a press release announcing its results on Wednesday, February 20, 2019, after the regular close of trading. During this call, Community Health Systems will review the Company’s financial and operating results for the fourth quarter and year ended December 31, 2018.
CHS disclosed the breach in a 2014 filing with the Securities and Exchange Commission, which said Chinese hackers used "sophisticated malware and technology" to snare HIPAA-protected information, including patient names, addresses, birthdays, telephone numbers and Social Security numbers.