CYH News

The July 5 strike is running the show today

Community Health Systems, Inc. (NYSE: CYH) today announced that management will participate via teleconference in the 2020 RBC Capital Markets Global Healthcare Conference to be held May 19-20, 2020.

Community Health Systems, Inc. (the "Company") (NYSE: CYH) today announced a change in the location of its annual meeting of stockholders for 2020 (the "Annual Meeting") from in-person to a virtual-only format. In light of the recommendations to limit large group gatherings from each of the U.S. Centers for Disease Control and Prevention and the World Health Organization and to support the health and well-being of its stockholders, employees and community due to the evolving impact of the coronavirus (COVID-19) pandemic, the Company will hold its Annual Meeting in a virtual meeting format only, via live webcast. Stockholders will not be able to attend the Annual Meeting in person.

Community Health (CYH) withdraws its current-year guidance amid prevalent market volatility induced by the COVID-19 spread.

Q1 2020 Community Health Systems Inc Earnings Call

Community Health's (CYH) Q1 results hurt by softer revenues due to decline in admissions.

Community Health Systems, Inc. (NYSE: CYH) announced today that an affiliate of the Company has signed a definitive agreement to sell its majority ownership interest in 84‑bed St. Cloud Regional Medical Center and its associated healthcare operations in St. Cloud, Florida, to a subsidiary of Orlando Health. Orlando Health currently holds minority ownership interest in St. Cloud and will purchase the remaining interest through this transaction.

Community Health Systems, Inc. (CYH) today announced that it will provide an online Web simulcast and rebroadcast of its first quarter 2020 conference call. The Company will issue a press release announcing its results on Tuesday, April 28, 2020, after the regular close of trading. During this call, Community Health Systems will review the Company’s financial and operating results for the first quarter ended March 31, 2020.

Community Health Systems (CYH) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

“The ultimate impact from COVID-19 on the company’s operations and financial results during 2020 will depend on, among other things, the length of time and severity at which the pandemic continues to spread," the company said in a filing made with the U.S. Securities and Exchange Commission.

CYH earnings call for the period ending March 31, 2020.

As the coronavirus pandemic weighs on the health care system, the insurance industry looks for government assistance. Yahoo Finance’s Anjalee Khemlani joins Seana Smith to break down the details.

With their donations, Brookdale’s leadership team joins health care executives from HCA Healthcare Inc., Community Health Systems Inc. and Envision Healthcare Corp. in making contributions to help employees who are struggling financially because of COVID-19.

Community Health Systems, Inc. (NYSE: CYH) announced today that a subsidiary of the Company has signed a definitive agreement to sell 171-bed San Angelo Community Medical Center in San Angelo, Texas, and its associated assets to subsidiaries of Shannon Health System.

Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell two Texas hospitals – 231-bed Abilene Regional Medical Center in Abilene and 188-bed Brownwood Regional Medical Center in Brownwood and their associated assets to subsidiaries of Hendrick Health System.

Community Health Systems, Inc. (NYSE: CYH) (the "Company") today announced financial and operating results for the three months ended March 31, 2020.

Community Health Systems (CYH) delivered earnings and revenue surprises of -200.00% and -4.77%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Despite being full, or preparing to be full with an influx of COVID-19 patients, area hospitals and health systems are already feeling the effects of empty operating rooms and closed outpatient facilities.

Smith’s base salary in 2019 was $1.6 million. His total compensation for last year — including incentives, stock options and performance-based stocks — was more than $6.7 million.

Is (CYH) Outperforming Other Medical Stocks This Year?