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Community Health Systems Inc (CYH.N)

CYH.N on New York Stock Exchange

9.54USD
24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Tianqiao Chen intends to engage with community Health Systems Management team
Monday, 13 Mar 2017 06:22am EDT 

Community Health Systems Inc : Tianqiao Chen intends to engage with Community Health Systems' management team regarding Co's business,operations,status of ongoing turnaround strategy .Tianqiao Chen reports 13.74 percent stake in Community Health Systems as on March 8, 2017 - SEC filing.  Full Article

Community Health Systems announces pricing of upsized senior secured notes offering
Tuesday, 7 Mar 2017 08:32pm EST 

Community Health Systems Inc : Community Health Systems, Inc. announces pricing of upsized senior secured notes offering . Priced offering of $2.20 billion aggregate principal amount of its 6.250% senior secured notes due 2023 .size of offering was increased by $450 million aggregate principal amount subsequent to initial announcement of offering.  Full Article

Community Health Systems to divest Anniston, Alabama Hospital
Friday, 3 Mar 2017 04:15pm EST 

Community Health Systems Inc : Community Health Systems announces definitive agreement to divest Anniston, Alabama Hospital . Community Health Systems Inc - purchase price of $25 million includes assumption of approximately $13 million facility lease .Community Health Systems Inc - transaction is expected to close in Q2 of 2017.  Full Article

Community Health Systems announces retirement of CFO
Wednesday, 22 Feb 2017 04:15pm EST 

Community Health Systems Inc - : Community Health Systems announces retirement of chief financial officer .Says Thomas J. Aaron to succeed cash as chief financial officer.  Full Article

Community Health Systems reports Q4 loss per share of $1.99
Monday, 20 Feb 2017 04:24pm EST 

Community Health Systems Inc : Community health systems, inc. Announces fourth quarter and year-end 2016 results and 2017 guidance . Q4 adjusted earnings per share $0.46 from continuing operations . Q4 loss per share $1.91 from continuing operations . Q4 loss per share $1.99 . Q4 revenue $4.469 billion versus i/b/e/s view $4.39 billion . Q4 same store sales rose 0.5 percent . Q4 earnings per share view $0.13 -- Thomson Reuters I/B/E/S . Sees 2017 income from continuing operations per share $0.30 to $1.10 . Community health systems inc sees 2017 net operating revenues less provision for bad debts $15,800 million to $16,200 million . Sees 2017 same-store hospital annual adjusted admissions growth 0.0% to 1.5% .Community health systems inc sees 2017 capital expenditures projected to be $625 million to $775 million.  Full Article

Steward Health Care to acquire eight hospitals from Community Health Systems
Thursday, 16 Feb 2017 04:15pm EST 

Community Health Systems Inc :Steward Health Care to acquire eight hospitals from Community Health Systems.  Full Article

Community Health Systems announces definitive agreement to divest eight hospitals
Thursday, 16 Feb 2017 04:15pm EST 

Community Health Systems Inc : Community Health Systems announces definitive agreement to divest eight hospitals - three in Florida, three in Ohio and two in Pennsylvania . Community Health Systems Inc - company will apply proceeds of transaction to pay down debt .Community Health Systems Inc - agreement to sell eight hospitals and their associated assets to subsidiaries of Steward Health Care LLC.  Full Article

Community Health Systems announces definitive agreement to divest two Washington Hospitals
Tuesday, 13 Dec 2016 04:15pm EST 

Community Health Systems Inc : Deal for approximately $45 million including working capital . Will apply proceeds of transaction to pay down debt .Community Health Systems announces definitive agreement to divest two Washington Hospitals.  Full Article

Community Health Systems says units amended their existing accounts receivable securitization program
Monday, 21 Nov 2016 04:18pm EST 

Community Health Systems Inc : On November 18, units amended their existing accounts receivable securitization program - SEC filing . Unless earlier terminated or extended, receivables facility will expire on Nov 18, 2018 in respect of $450 million portion of commitments thereunder .Under loan agreement, receivables facility will expire on Nov 13, 2017 in respect of remaining $250 million of commitments.  Full Article

Community Health Systems to sell Rockwood Health to Multicare Health System for $425 mln
Thursday, 17 Nov 2016 08:33pm EST 

Community Health Systems Inc : Says signed agreement to sell Rockwood Health System and its associated assets to Multicare Health System for $425 million . Community health systems announces definitive agreement to divest Spokane, Washington Health System .Company will apply proceeds of transaction to pay down debt.  Full Article

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BRIEF-Community Health Systems to divest four Pennsylvania hospitals

* Community Health Systems announces definitive agreement to divest four Pennsylvania hospitals