Community Health Sys Inc Stock Price, News & Analysis

Community Health Systems (NYSE: CYH) has scheduled its first quarter 2025 earnings conference call for Thursday, April 24, 2025, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The company will release its financial results for Q1 2025, ending March 31, after market close on Wednesday, April 23, 2025.

The conference call will be accessible via live webcast at www.chs.net/investor-relations/investor-tools/webcasts/. Participants can join the call by dialing 1-833-630-1961 (domestic) or 1-412-317-1842 (international). An online replay will be available for approximately 30 days, and a telephonic replay can be accessed through May 1, 2025, using confirmation number 8502644.

Community Health Systems (NYSE: CYH) has completed the sale of Lake Norman Regional Medical Center in Mooresville, North Carolina, and its related businesses to Duke University Health System. The transaction, which was first announced on December 11, 2024, closed on April 1, 2025, for a total consideration of $284 million.

Community Health Systems (NYSE: CYH) has announced two major charitable initiatives. The company donated over $260,000 to various charitable organizations in honor of Doctors' Day, focusing on addressing social determinants of health and improving community quality of life. The donations, selected by medical staff at each location, target areas such as food assistance, housing, children's programs, disaster relief, and education.

Additionally, CHS completed its third annual Jars of Love Peanut Butter Drive, collecting more than 100,000 jars of peanut and nut butters for distribution to over 60 food banks. This initiative addresses rising food insecurity, which affected 47.4 million people, including 14 million children in 2023, marking an increase of 3.2 million from the previous year.

Community Health Systems (NYSE:CYH) has announced its upcoming participation in the Oppenheimer 35th Annual Healthcare MedTech & Services Conference, scheduled for March 17-20, 2025. The company's management will deliver a presentation on Tuesday, March 18, 2025, at 10:40 AM Eastern time (9:40 AM Central time). The conference will be held in a virtual format.

Investors can access the presentation through a live audio webcast available on the investor relations section of the company's website at www.chs.net. A replay of the presentation will also be made available through the same link.

AdventHealth has acquired ShorePoint Health Port Charlotte, a 254-bed full-service hospital in Florida, from Community Health Systems (NYSE: CYH) in a deal that closed on March 1, 2025. The acquisition includes related businesses, physician clinic operations, outpatient services, and the ShorePoint Emergency Department in Cape Coral.

The transaction brings over 1,300 team members and 80 providers into AdventHealth's network. The deal also includes the land where ShorePoint Health Punta Gorda was located, which was permanently closed following hurricane damage. Adam Johnson, former COO of AdventHealth Ocala, has been appointed as president/CEO of the newly renamed AdventHealth Port Charlotte. In his previous role, Johnson oversaw more than $70 million in capital projects and led physician recruitment efforts.

Community Health Systems (NYSE: CYH) has successfully completed the divestiture of its ShorePoint Health System assets in Florida to AdventHealth for $260 million. The transaction, which was initially announced on November 22, 2024, reached its closing phase on March 1, 2025.

The deal encompasses ShorePoint Health – Port Charlotte in Port Charlotte, Florida, specific assets of ShorePoint Health – Punta Gorda in Punta Gorda, Florida, and their associated business operations.

Community Health Systems (NYSE: CYH) reported its Q4 and full-year 2024 financial results. For Q4 2024, the company recorded net operating revenues of $3.265 billion, a 2.6% increase from Q4 2023. However, CYH reported a net loss of $(70) million, or $(0.53) per share, compared to a net income of $46 million in Q4 2023.

On a same-store basis, Q4 showed positive trends with admissions increasing 3.4% and adjusted admissions up 3.1%. Adjusted EBITDA improved to $428 million from $386 million in Q4 2023. The company completed two hospital divestitures in 2024 and one in early 2025.

For full-year 2024, net operating revenues were $12.634 billion, up 1.2% from 2023. The annual net loss widened to $(516) million, or $(3.90) per share, compared to $(133) million in 2023. Same-store revenues increased 5.5% year-over-year.

Community Health Systems (NYSE: CYH) has announced its upcoming webcast for the fourth quarter and year-end 2024 financial results conference call. The company will release its results on Tuesday, February 18, 2025, after market close.

The conference call is scheduled for Wednesday, February 19, 2025, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, CYH will present its financial and operating results for Q4 and the full year ended December 31, 2024.

Investors can access the live webcast at the company's investor relations website. For those joining by phone, dial 1-833-630-1961 (domestic) or 1-412-317-1842 (international). An online replay will be available for approximately 30 days, and a telephonic replay will be accessible through February 26, 2025, using confirmation number 3917263.

Community Health Systems (NYSE: CYH) has announced a definitive agreement to sell Lake Norman Regional Medical Center, a 123-bed facility in Mooresville, N.C., along with related businesses to Duke Health for approximately $280 million. The transaction is subject to net working capital and other adjustments, with an expected closing in the first quarter of 2025, pending regulatory approvals and closing conditions. This divestiture was previously mentioned during the Company's third quarter 2024 earnings call as part of potential future sales.