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Community Health is set to divest an 80% ownership stake in Cedar Park Regional to Ascension Health.
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.
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have entered into a definitive agreement to sell their collective 80% ownership interest in Cedar Park Regional Medical Center and certain ancillary businesses located in Cedar Park, Texas, to subsidiaries of Ascension Health for $460 million in cash, subject to certain net working capital and other adjustments. Ascension Health currently holds a minority ownership inter.
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its first quarter 2025 conference call. The Company will issue a press release announcing its results on Wednesday, April 23, 2025, after the regular close of trading. The conference call is scheduled to begin at 10:00 a.m. Central Time, 11:00 a.m. Eastern Time, on Thursday, April 24, 2025. During this call, Community Health Systems will review the Company's financial and operating.
With improving labor trends, CYH's contract labor expenses are decreasing.
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE: CYH) (“CHS”) announced today that its affiliated hospitals have donated more than $260,000 to charitable organizations in their communities to address social determinants of health and improve quality of life in honor of Doctors' Day, which was celebrated on Sunday, March 30. The medical staff at each location selected organizations that address specific needs in the community such as food assistance, housing, children and.
FRANKLIN, Tenn.--(BUSINESS WIRE)--Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the Oppenheimer 35th Annual Healthcare MedTech & Services Conference to be held March 17 – 20, 2025, in a virtual format. The presentation will begin at 10:40 a.m. Eastern time, 9:40 a.m. Central time, on Tuesday, March 18, 2025, and will be available to investors via a live audio webcast. A link to the broadcast can be found at the investor relations section of th.
Offloading the Punta Gorda facility is expected to remove uncertainty tied to restoration costs and revenue losses for CYH.
The hospital and its related facilities have joined AdventHealth's robust network of care ALTAMONTE SPRINGS, Fla. , March 3, 2025 /PRNewswire/ -- ShorePoint Health Port Charlotte in Port Charlotte, Florida, has joined AdventHealth, one of the largest faith-based health systems in the United States.
Community Health Systems, Inc. (NYSE:CYH ) Q4 2024 Earnings Conference Call February 19, 2025 1:00 PM ET Company Participants Anton Hie - Vice President of Investor Relations Tim Hingtgen - Chief Executive Officer Kevin Hammons - President and Chief Financial Officer Dr. Miguel Benet - President of Clinical Operations and Chief Medical Officer Conference Call Participants Brian Tanquilut - Jefferies Ben Hendrix - RBC Capital Markets A.J. Rice - UBS Andrew Mok - Barclays Operator Good day, and welcome to the Community Health Systems Fourth Quarter and Full Year 2024 Earnings Conference Call.