Stock Data
$0.00 (0.00%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
MEDICAL CARE FACILITIES
Community Health Systems Inc operates a network of hospitals across the United States, focusing on providing a wide range of healthcare services. These services include emergency care, surgeries, critical care, internal medicine, obstetrics, diagnostics, psychiatric and rehabilitation services, as well as skilled nursing and home care. Beyond its hospitals, it offers outpatient services through various facilities, including urgent care centers and ambulatory surgery centers, and embraces modern healthcare approaches with virtual health visits. Founded in 1996, its headquarters are in Franklin, Tennessee.
Community Health Systems cratered on earnings, posting a $0.19 loss per share that whiffed analyst expectations by 83%, as 10 fewer hospitals and rising specialist fees crushed the quarter. Revenue dipped 9.8% year-over-year to $2.83 billion as the company's aggressive divestiture program continues to drain the consolidated base, and management now guides full-year loss per share of $1.10 to $1.25.
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