Edition:
United Kingdom

Community Health Systems Inc (CYH.N)

CYH.N on New York Stock Exchange

2.95USD
9:00pm BST
Change (% chg)

$0.01 (+0.34%)
Prev Close
$2.94
Open
$2.93
Day's High
$3.01
Day's Low
$2.90
Volume
342,430
Avg. Vol
534,910
52-wk High
$6.64
52-wk Low
$2.48

Latest Key Developments (Source: Significant Developments)

Community Health Systems Says Global Settlement Resolves U.S. DOJ Investigation Into Health Management Associates And Related Affiliates
Tuesday, 25 Sep 2018 

Sept 25 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS INC - GLOBAL SETTLEMENT RESOLVES U.S. DEPARTMENT OF JUSTICE INVESTIGATION INTO HEALTH MANAGEMENT ASSOCIATES, INC. AND RELATED AFFILIATES.COMMUNITY HEALTH SYSTEMS INC - GLOBAL SETTLEMENT INCLUDES A TOTAL PAYMENT OF $262 MILLION, WHICH IS EXPECTED TO BE PAID IN OCTOBER 2018.COMMUNITY HEALTH SYSTEMS INC - UNDER TERMS OF GLOBAL SETTLEMENT, COMPANY'S EXISTING CORPORATE INTEGRITY AGREEMENT (CIA) HAS BEEN AMENDED AND EXTENDED.COMMUNITY HEALTH SYSTEMS INC - EXTENSION BEGINS IMMEDIATELY AND EFFECTIVELY ADDS TWO YEARS TO EXISTING CIA, WITH AMENDED CIA NOW RUNNING THROUGH 2021.COMMUNITY HEALTH SYSTEMS INC - SETTLEMENT ALSO RESOLVES ALLEGATIONS OF STARK AND ANTI-KICKBACK ACT VIOLATIONS AT CERTAIN HMA AFFILIATED HOSPITALS.COMMUNITY HEALTH SYSTEMS INC - SETTLEMENT ALSO INCLUDES A GUILTY PLEA TO ONE COUNT OF CONSPIRACY TO COMMIT HEALTHCARE FRAUD BY CARLISLE HMA, LLC.COMMUNITY HEALTH SYSTEMS INC - SETTLEMENT INCLUDES A NON-PROSECUTION AGREEMENT WITH HMA.COMMUNITY HEALTH - GOVERNMENT AGREED NOT TO BRING CRIMINAL CHARGES AGAINST HMA, AS LONG AS HMA AND COMPANY ABIDE BY PROVISIONS OF GLOBAL SETTLEMENT.  Full Article

Community Health Announces Agreement To Sell Sparks Health System
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENT TO SELL ARKANSAS-BASED SPARKS HEALTH SYSTEM TO BAPTIST HEALTH.  Full Article

Community Health Systems Announces Offering Of $1.03 Bln Of Senior Secured Notes Due 2024
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES OFFERING OF $1.027 BILLION OF SENIOR SECURED NOTES DUE 2024.COMMUNITY HEALTH SYSTEMS - CO'S UNIT INTENDS TO USE PROCEEDS OF OFFERING TO REPAY $1.013 BILLION OF TERM LOANS OUTSTANDING UNDER TERM G FACILITY.  Full Article

Community Health Systems To Sell Oklahoma City Hospital To Integris Health
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENT TO SELL OKLAHOMA CITY HOSPITAL TO INTEGRIS HEALTH.COMMUNITY HEALTH SYSTEMS - CO'S AFFILIATE SIGNED DEFINITIVE DEAL TO SELL 291-BED ALLIANCEHEALTH DEACONESS HOSPITAL IN OKLAHOMA TO UNIT OF INTEGRIS HEALTH.  Full Article

Community Health Systems, Unit Enter Asset-Based Loan Credit Agreement
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS - ON APRIL 3, CO, UNIT, ENTERED INTO AN ASSET-BASED LOAN CREDIT AGREEMENT - SEC FILING.COMMUNITY HEALTH SYSTEMS-LENDERS EXTENDED TO UNIT A REVOLVING ASSET-BASED LOAN FACILITY IN MAXIMUM AMOUNT OF $1 BLN SUBJECT TO BORROWING BASE CAPACITY.COMMUNITY HEALTH SYSTEMS INC - ABL FACILITY INCLUDES BORROWING CAPACITY AVAILABLE FOR LETTERS OF CREDIT OF $50 MLN.COMMUNITY HEALTH SYSTEMS - CREDIT COMMITMENTS UNDER AGREEMENT DATED AS OF JULY 25, 2007 WERE REDUCED TO $425 MLN UPON EFFECTIVENESS OF ABL FACILITY.COMMUNITY HEALTH SYSTEMS INC - PRINCIPAL AMOUNTS OUTSTANDING UNDER 5-YEAR ABL FACILITY WILL BE DUE AND PAYABLE IN FULL ON APRIL 3, 2023.  Full Article

Community Health Systems Unit Entered Into Fourth Amendment
Monday, 26 Mar 2018 

March 26 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS- ON MARCH 23, CO, UNIT ENTERED INTO FOURTH AMENDMENT, RESTATEMENT AGREEMENT TO AGREEMENT DATED AS OF JULY 25, 2007 -SEC FILING.COMMUNITY HEALTH SYSTEMS - ‍AGREEMENT PERMITS BORROWER TO INCUR DEBT UNDER EITHER ABL FACILITY UP TO $1 BILLION/ MAINTAIN ASSET-BACKED SECURITIZATION PROGRAM​.COMMUNITY HEALTH SYSTEMS INC - ‍REVOLVING CREDIT COMMITMENTS WILL BE REDUCED TO $425 MILLION UPON EFFECTIVENESS OF CONTEMPLATED ABL FACILITY​.  Full Article

Community Health Systems Announces Agreement To Sell Jamestown, Tennessee Hospital To Rennova Health
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENT TO SELL JAMESTOWN, TENNESSEE HOSPITAL TO RENNOVA HEALTH.COMMUNITY HEALTH SYSTEMS - ‍HOSPITAL INCLUDED IN DEAL IS ONE OF ADDITIONAL PLANNED DIVESTITURES DISCUSSED ON Q3 EARNINGS CALL​.COMMUNITY HEALTH SYSTEMS - CO'S UNITS SIGNED DEAL TO SELL 85-BED TENNOVA HEALTHCARE - JAMESTOWN IN TENNESSEE, & ASSOCIATED ASSETS TO UNITS OF RENNOVA HEALTH.  Full Article

Shanda Group, Affiliates, Hold About 24% Of Community Health Systems Common Stock
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS INC - ON JAN 11, MEMBERS OF SHANDA GROUP FILED AMENDMENT TO SCHEDULE 13D TO DISCLOSE INCREASE IN INVESTMENT IN CO.COMMUNITY HEALTH SYSTEMS INC - SHANDA, TOGETHER WITH AFFILIATES, IS CO'S LARGEST SHAREHOLDER,HOLDS ABOUT 24.0% OF CO'S OUTSTANDING COMMON STOCK.  Full Article

Community Health Systems Announces Definitive Agreement To Sell Dade City, Florida Hospital To Adventist Health System
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Community Health Systems Inc ::COMMUNITY HEALTH SYSTEMS ANNOUNCES DEFINITIVE AGREEMENT TO SELL DADE CITY, FLORIDA HOSPITAL TO ADVENTIST HEALTH SYSTEM.COMMUNITY HEALTH SYSTEMS - HOSPITAL INCLUDED IN THE TRANSACTION IS ONE OF ADDITIONAL PLANNED DIVESTITURES DISCUSSED ON Q3 2017 EARNINGS CALL.  Full Article

Saba Capital reports 6.8 pct passive stake in Community Health Systems
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Saba Capital Management L.P:Saba Capital Management LP reports 6.8 percent passive stake in Community Health Systems Inc as of October 31 - SEC filing.  Full Article

UPDATE 2-Community Health unit to pay $260 mln to resolve U.S. fraud probe

Sept 25 A hospital operator now owned by Community Health Systems Inc will pay more than $260 million to resolve claims it defrauded government healthcare programs and paid doctors kickbacks for patient referrals, the U.S. Justice Department said on Tuesday.