Community Health Systems (CYH) Misses Q2 EPS by 47c, Lowers FY EPS Guidance

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Community Health Systems, Inc. Announces Second Quarter 2016 Results with Net Operating Revenues of $4.590 Billion

August 2, 2016 4:16 PM EDT

FRANKLIN, Tenn.--(BUSINESS WIRE)-- Community Health Systems, Inc. (NYSE: CYH) (the Company) today announced financial and operating results for the three and six months ended June 30, 2016.

On April 29, 2016, the Company completed the spin-off of Quorum Health Corporation (QHC), comprised of 38 affiliated hospitals and related outpatient services in 16 states, together with Quorum Health Resources, LLC, a subsidiary providing management advisory and consulting services to non-affiliated hospitals. Following the spin-off, QHC became an independent public company with its common stock listed for trading under the symbol QHC on the New York Stock Exchange. Financial and... More