Sector: Healthcare | Industry: Healthcare Facilities & Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4000 Meridian Blvd FRANKLIN TN 37067-6325 |
Tel: | N/A |
Website: | https://www.chs.net |
IR: | See website |
Key People | ||
Kevin J. Hammons President, Chief Financial Officer | Tim L. Hingtgen Chief Executive Officer, Director | Chad A. Campbell Regional President - Region Operations |
Austen D. Mason Regional President - Region Operations | Mark B. Medley Regional President - Region Operations | Lynn T. Simon President of Clinical Operations and Chief Medical Officer |
Kevin A. Stockton Regional President - Region Operations | Justin D. Pitt Executive Vice President, General Counsel, Assistant Secretary | Jason K. Johnson Senior Vice President, Chief Accounting Officer |
Business Overview |
Community Health Systems, Inc. is a healthcare company. The Company, through its subsidiaries, owns or leases over 71 affiliated hospitals, with approximately 12,000 beds, and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. The Company, through its affiliates, providers of healthcare services, develops and operating healthcare delivery systems in over 40 distinct markets across 15 states. Its hospitals are general care hospitals offering a range of inpatient and outpatient medical services. These services generally include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. In addition, some of its hospitals provide skilled nursing and home care services based on individual community needs. |
Financial Overview |
For the fiscal year ended 31 December 2023, Community Health Systems Inc revenues increased 2% to $12.49B. Net loss totaled $133M vs. income of $46M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects (Gain) loss from early extinguishment of decrease of 72% to $72M (income), Pandemic relief funds decrease from $173M (income) to $0K. |
Employees: | 61,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $11,853M as of Dec 31, 2023 |
Annual revenue (TTM): | $12,491M as of Dec 31, 2023 |
EBITDA (TTM): | $1,444M as of Dec 31, 2023 |
Net annual income (TTM): | -$133.00M as of Dec 31, 2023 |
Free cash flow (TTM): | -$257.00M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $11,449M as of Dec 31, 2023 |
Shares outstanding: | 138,981,505 as of Mar 11, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |