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CHS revenue drops by 18% while narrowing operating loss

CHS revenue drops by 18% while narrowing operating loss

By Tara Bannow  |  May 01, 2018

Community Health Systems managed to narrow its operating loss in the first quarter of 2018. The hospital chain's revenue shrunk by nearly 18%, but increased slightly on a same-hospital basis.

CHS to sell 421-bed Florida hospital to Adventist

CHS to sell 421-bed Florida hospital to Adventist

By Tara Bannow  |  April 18, 2018

Community Health Systems has signed a definitive agreement to sell Munroe Regional Medical Center in Ocala, Fla., to Adventist Health System Sunbelt Healthcare Corp.

Hospital chain CHS in trouble with Microsoft

Hospital chain CHS in trouble with Microsoft

By Shelby Livingston  |  April 04, 2018

Microsoft is suing Community Health Systems for copyright infringement, claiming the chain allowed its divested hospitals to keep using Microsoft programs without a license.

CHS sells three Tennessee hospitals

CHS sells three Tennessee hospitals

By Modern Healthcare  |  March 27, 2018

Community Health Systems announced the sale of three Tennessee hospitals to West Tennessee Healthcare, a public health system.

Investor corrects CHS ownership filing

Investor corrects CHS ownership filing

By Tara Bannow  |  March 15, 2018

Modern Healthcare incorrectly reported that Wellington had sold the entirety of its stake in CHS, when it did not own any common shares in the hospital chain, stemming from a mistake it corrected in an SEC filing.

CHS hires financial advisers for debt restructuring

By Tara Bannow  |  March 15, 2018

Community Health Systems announced Thursday it has hired a number of financial advisory firms, including Lazard, to help the Franklin, Tenn.-based chain address its $4.8 billion in debt maturing in 2019 and 2020.

Community Health Systems' share price falls 17%

Community Health Systems' share price falls 17%

By Tara Bannow  |  February 28, 2018

Community Health Systems' stock price fell 17% Wednesday following the previous day's release of results for 2017 that include a $2 billion fourth-quarter net loss.

Community Health Systems selling Louisiana hospital

By Tara Bannow  |  February 14, 2018

CHS will sell a 60-bed hospital, Byrd Regional Hospital in Leesville, La., to Allegiance Health Management. The Franklin-based system expects the deal to close in the first half of 2018.

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