Community Health Systems

Community Health Systems Names J. Anton Hie Vice President of Investor Relations

Retrieved on: 
Monday, May 15, 2023

Community Health Systems, Inc. (NYSE: CYH) announced today that J. Anton Hie has joined the Company as Vice President of Investor Relations, effective May 15, 2023.

Key Points: 
  • Community Health Systems, Inc. (NYSE: CYH) announced today that J. Anton Hie has joined the Company as Vice President of Investor Relations, effective May 15, 2023.
  • Hie has more than 20 years of experience in the healthcare investment field and joins Community Health Systems from AdaptHealth Corp. (NASDAQ: AHCO) where he established the internal investor relations department and served as Vice President of Investor Relations from August 2021 through April this year.
  • Prior to joining AdaptHealth, he worked with RBC Capital Markets for 12 years, ultimately as a Research Analyst and Assistant Vice President covering the healthcare services and managed care industries.
  • Hie previously held positions with Jefferies Asset Management, First Union Securities, and J.C. Bradford & Co.

Community Health Systems to Participate in 2023 RBC Capital Markets Global Healthcare Conference

Retrieved on: 
Tuesday, May 9, 2023

Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the RBC Capital Markets Global Healthcare Conference to be held May 16-17, 2023, at the InterContinental New York Barclay.

Key Points: 
  • Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in the RBC Capital Markets Global Healthcare Conference to be held May 16-17, 2023, at the InterContinental New York Barclay.
  • The Company will host a fireside chat presentation on Tuesday, May 16, 2023, at 11:30 a.m.
  • The fireside chat presentation will be available to investors via a live audio webcast.
  • A link to the broadcast can be found at the investor relations section of the Company’s website, www.chs.net , and a replay will be available using that same link.

Community Health Systems to Webcast First Quarter 2023 Conference Call

Retrieved on: 
Wednesday, April 12, 2023

Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its first quarter 2023 conference call.

Key Points: 
  • Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its first quarter 2023 conference call.
  • The Company will issue a press release announcing its results on Monday, May 1, 2023, after the regular close of trading.
  • The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Tuesday, May 2, 2023.
  • During this call, Community Health Systems will review the Company’s financial and operating results for the first quarter ended March 31, 2023.

Community Health Systems Completes Divestiture of Hospital Located in Oak Hill, West Virginia

Retrieved on: 
Monday, April 3, 2023

Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia Health for cash consideration of approximately $92 million.

Key Points: 
  • Community Health Systems, Inc. (NYSE: CYH) announced today that affiliates of the Company have completed the divestiture of 25-bed Plateau Medical Center in Oak Hill, West Virginia, along with its respective assets, physician clinic operations and outpatient services to affiliates of Vandalia Health for cash consideration of approximately $92 million.
  • The transaction is effective April 1, 2023.
  • The divestiture of this hospital is among the additional potential divestitures discussed on the Company’s fourth quarter and year-end 2022 earnings call.

Community Health Systems Addresses Social Determinants of Health and Supports Local Charitable Organizations

Retrieved on: 
Thursday, March 30, 2023

Hospitals and healthcare systems affiliated with Community Health Systems, Inc. (NYSE: CYH) spent the month of March putting their care for the community into action.

Key Points: 
  • Hospitals and healthcare systems affiliated with Community Health Systems, Inc. (NYSE: CYH) spent the month of March putting their care for the community into action.
  • This year, CHS-affiliated hospitals celebrated National Doctors’ Day with charitable donations to non-profit organizations on behalf of physicians on their medical staffs.
  • To honor physicians on National Doctors’ Day on March 30, 2023, CHS-affiliated hospitals donated $216,100 to a wide range of charitable organizations, many of whom work to address social determinants of health across their communities.
  • We look forward to continuing to support community organizations as we work toward a healthy future for all.”

Select Medical and Lutheran Health Network Partner to Provide Inpatient Rehabilitation and Critical Illness Recovery Post-Acute Care to the Greater Fort Wayne Area

Retrieved on: 
Monday, March 13, 2023

MECHANICSBURG, Pa. and FORT WAYNE, Ind., March 13, 2023 /PRNewswire/ -- Select Medical Corporation (Select Medical) and Lutheran Health Network of Indiana, LLC, a subsidiary of Community Health Systems (CHS) today announced the formation of a joint venture  to provide inpatient rehabilitation and critical illness recovery care in Fort Wayne, Indiana.

Key Points: 
  • MECHANICSBURG, Pa. and FORT WAYNE, Ind., March 13, 2023 /PRNewswire/ -- Select Medical Corporation (Select Medical) and Lutheran Health Network of Indiana, LLC, a subsidiary of Community Health Systems (CHS) today announced the formation of a joint venture  to provide inpatient rehabilitation and critical illness recovery care in Fort Wayne, Indiana.
  • Additionally, the joint venture plans to build a new specialty hospital that will provide both inpatient rehabilitation and critical illness recovery (licensed by CMS as long-term acute care) services.
  • "We look forward to partnering with Lutheran Health Network to provide high quality specialty inpatient rehabilitative and critical illness recovery care in Fort Wayne and surrounding communities," said Tom Mullin, executive vice president of hospital operations at Select Medical.
  • "The partnership also marks Select Medical's first rehabilitation hospital in Indiana and a return of much needed critical illness recovery care in the region.

Global Medical Device Markets Report 2023-2028: Focus on Function, Durability, Therapeutics, Risk Classification, Manufacture Method, Delivery/Acquisition, Operational Support Model, & Connectivity - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 7, 2023

The "Medical Device Market by Device Type, Function, Durability, Therapeutic Segment, Risk Classification, Manufacture Method, Delivery/Acquisition, Operational Support Model, Connectivity and Region 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Medical Device Market by Device Type, Function, Durability, Therapeutic Segment, Risk Classification, Manufacture Method, Delivery/Acquisition, Operational Support Model, Connectivity and Region 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.
  • The report analysis includes medical device market sizing with a wide variety of segmentation including medical device type, solution, location/usage area, medical device function, medical device durability, medical device usage by therapeutic segment, medical device risk classification, manufacture method (traditional or 3D printed), method of medical device delivery or acquisition, medical device operational support model, and medical device connectivity method.
  • The report covers the global leading medical device market suppliers and service providers.
  • The report also assesses medical device market drivers, challenges, and the impact of technology convergence.

Community Health Systems Announces Definitive Agreement to Sell Two North Carolina Hospitals to Novant Health

Retrieved on: 
Tuesday, February 28, 2023

Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center, an acute care hospital in Mooresville, NC, and Davis Regional Medical Center in Statesville, NC, which is in the process of transitioning from a general acute care hospital to an inpatient behavioral health hospital, and their associated assets, to subsidiaries of Novant Health for cash consideration of approximately $320 million.

Key Points: 
  • Community Health Systems, Inc. (NYSE: CYH) announced today that subsidiaries of the Company have signed a definitive agreement to sell 123-bed Lake Norman Regional Medical Center, an acute care hospital in Mooresville, NC, and Davis Regional Medical Center in Statesville, NC, which is in the process of transitioning from a general acute care hospital to an inpatient behavioral health hospital, and their associated assets, to subsidiaries of Novant Health for cash consideration of approximately $320 million.
  • The transaction is expected to close later this year, subject to customary regulatory approvals and closing conditions.
  • The hospitals included in this transaction are among the additional potential divestitures discussed on the Company’s fourth quarter and year-end 2022 earnings call.

Community Health Systems to Webcast Fourth Quarter and Year-End 2022 Conference Call

Retrieved on: 
Wednesday, February 1, 2023

Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its fourth quarter and year-end 2022 conference call.

Key Points: 
  • Community Health Systems, Inc. (NYSE:CYH) today announced that it will webcast its fourth quarter and year-end 2022 conference call.
  • The Company will issue a press release announcing its results on Wednesday, February 15, 2023, after the regular close of trading.
  • The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Thursday, February 16, 2023.
  • During this call, Community Health Systems will review the Company’s financial and operating results for the fourth quarter and full year ended December 31, 2022.

Nashville Health Care Council Announces Inaugural Conference for Healthcare Leaders and Innovators

Retrieved on: 
Thursday, January 19, 2023

NASHVILLE, Tenn., Jan. 19, 2023 /PRNewswire/ -- The Nashville Health Care Council today announced its inaugural Nashville Healthcare Sessions conference, a weeklong series of events designed to gather forward-thinking healthcare, finance and innovation leaders in an engaging environment.

Key Points: 
  • NASHVILLE, Tenn., Jan. 19, 2023 /PRNewswire/ -- The Nashville Health Care Council today announced its inaugural Nashville Healthcare Sessions conference, a weeklong series of events designed to gather forward-thinking healthcare, finance and innovation leaders in an engaging environment.
  • Slated for Sept. 18-22, Nashville Healthcare Sessions will allow attendees from Nashville and across the country to connect in person and spark meaningful conversations about the future of healthcare at scale.
  • Set in a city where creativity abounds, Nashville Healthcare Sessions aims to shape healthcare transformation in Nashville and beyond.
  • "Nashville Healthcare Sessions will showcase the unique spirit of collaboration that's made our city a healthcare capital," said Council President Apryl Childs-Potter.