Community Health Systems, Inc.

4.2100+0.09 (+2.18%)

Oct 29, 4:00:02 PM EDT · NYSE · CYH · USD

Upcoming Earnings

Report date

EPS

-0.06 (-0.25 ~ 0.21)

Revenue

3.18B (3.13B ~ 3.25B)

Key Stats

Market Cap

583.17M

P/E (TTM)

1.72

Basic EPS (TTM)

2.45

Dividend Yield

Recent Filings

8-K

Q3 profit surge, debt refinanced

10/23/25Oct 23, 2025

Community Health Systems swung to a $130 million net income in Q3 2025, up from a $391 million loss last year, driven by a $163 million tax benefit and $376 million Adjusted EBITDA—8.4% higher than 2024's $347 million—thanks to a $28 million legal settlement and better reimbursements, despite lower acuity. Same-store admissions rose 1.3%, but overall revenues dipped 0.1% to $3.087 billion amid divestitures. The August refinancing extended $1.790 billion in debt to 2034 at 9.750%, trimming 2027 maturities while booking a $33 million loss. Updated 2025 guidance projects $1.500-$1.550 billion Adjusted EBITDA; divestitures boost liquidity but expose execution risks.

8-K

CEO's consulting pact signed

9/30/25Sep 30, 2025

Community Health Systems' retiring CEO Tim L. Hingtgen signed a one-year consulting agreement with subsidiary CHSPSC, effective October 1, 2025, to advise on healthcare operations and strategy under Interim CEO Kevin J. Hammons. He'll earn $33,333.33 monthly while bound by non-compete clauses within 50 miles of affiliates and confidentiality rules. This setup retains expertise amid transition. Smooth handover hinges on Hingtgen's input.

8-K

Interim CEO and CFO appointed

9/10/25Sep 10, 2025

Community Health Systems appointed Kevin J. Hammons as Interim CEO and Jason K. Johnson as Interim CFO, both effective October 1, 2025, following Tim L. Hingtgen's retirement on September 30. Hammons, previously President and CFO, gets a $1.25M base salary; Johnson, ex-Chief Accounting Officer, $630K. Incentives tie to 2025 goals, up to 300% for Hammons. Leadership shift ensures continuity amid transition.

8-K

Debt refinancing completed

8/12/25Aug 12, 2025

Community Health Systems completed a $1,790,000,000 offering of 9.750% senior secured notes due 2034 on August 12, 2025, using proceeds plus cash to repurchase $1,735,362,000 of its 5.625% notes due 2027 at $1,002.65 per $1,000 principal. This refinances most short-term debt into longer maturity, easing near-term obligations while hiking interest costs. Remaining $21,638,000 of 2027 notes face potential redemption. Debt swap extends runway.

8-K

Upsized debt refinancing announced

7/29/25Jul 29, 2025

Community Health Systems priced an upsized $1,790 million offering of 9.750% senior secured notes due 2034 on July 28, 2025, expecting to close around August 12. The proceeds, plus cash on hand, will fully retire its $1,757 million 5.625% senior secured notes due 2027 via an expanded tender offer expiring August 25. This refinancing extends maturities while hiking interest costs. Forward-looking statements carry risks.

About

Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. The company offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. It also provides outpatient services at primary care practices, urgent care centers, free-standing emergency departments, ambulatory surgery centers, imaging and diagnostic centers, and direct-to-consumer virtual health visits. The company was founded in 1985 and is headquartered in Franklin, Tennessee.

CEO

Mr. Kevin J. Hammons CPA

IPO

6/9/2000

Website

https://www.chs.net

Employees

45,000

Sector

Healthcare

Industry

Medical Care Facilities