About Community Health Systems, Inc. Common Stock (CYH)
Community Health Systems is a leading operator of general acute care hospitals and outpatient facilities throughout the United States. The company focuses on providing a wide range of health services, including emergency care, surgical procedures, and rehabilitation. By integrating advanced technology and a dedicated workforce, Community Health Systems aims to enhance the quality of patient care and improve health outcomes for the communities it serves. In addition to hospital operations, the company also engages in various healthcare-related initiatives and partnerships to address the evolving needs of the healthcare market. Read More
The session on Thursday is off to an intriguing start with several stocks showing significant price gaps. Let's examine the gap up and gap down stocks in today's session.
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) announced today that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has commenced a cash tender offer (the “Tender Offer”) for any and all of its outstanding 6.875% Senior Unsecured Notes due 2028 (the “Notes”) on the terms and subject to the conditions set forth in the Issuer’s Offer to Purchase and Consent Solicitation Statement, dated April 23, 2025 (the “Offer to Purchase”).
Community Health Systems, Inc. (the “Company”) (NYSE: CYH) today announced that its wholly owned subsidiary, CHS/Community Health Systems, Inc. (the “Issuer”), has entered into a privately negotiated agreement with a multi-asset investment manager (the “Purchaser”) to sell and issue to certain funds and accounts of the Purchaser $700.0 million aggregate principal amount of 10.750% Senior Secured Notes due 2033 (the “2033 Notes”) (the “Notes Offering”). The sale of the 2033 Notes is expected to be consummated on or about May 9, 2025, subject to customary closing conditions.
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 interest in Cedar Park Regional Medical Center and will purchase the remaining interest through this transaction.
Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company completed the divestiture of Lake Norman Regional Medical Center in Mooresville, North Carolina, and related businesses, to subsidiaries of Duke University Health System, Inc. for $284 million. The entry into the definitive agreement for this transaction was announced on December 11, 2024, and the closing was effective April 1, 2025.
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.
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.
Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have completed the divestiture of ShorePoint Health – Port Charlotte in Port Charlotte, Florida, certain assets of ShorePoint Health – Punta Gorda, in Punta Gorda, Florida, and related businesses to subsidiaries of Adventist Health System Sunbelt Healthcare Corporation (AdventHealth) for $260 million. The entry into the definitive agreement for this transaction was announced on November 22, 2024, and the closing was effective March 1, 2025.
Community Health Systems, Inc. (NYSE: CYH) (the “Company”) today announced financial and operating results for the three months and year ended December 31, 2024.
Community Health Systems shares are trading lower by 7% Thursday afternoon. The company agreed to sell its North Carolina hospital to Duke Health for $280 million.
