Monday Mar 3
Hospital becomes part of largest U.S. chain
The $7.6 billion purchase of Health Management Associates by Community Health Systems makes East Georgia Regional Medical Center an affiliate of the largest for-profit chain of hospitals in the United States.
Community Health Systems (CYH) Posts Quarterly Earnings Results, Misses Estimates By $0.51 EPS
Community Health Systems posted its quarterly earnings results on Thursday. The company reported $0.49 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.00 by $0.51, Analyst Ratings Network.com reports.
Community Health Systems Releases 4Q and Full Year 2013 Results
Adjusted EBITDA is EBITDA adjusted to exclude discontinued operations, loss from early extinguishment of debt, impairment of long-lived assets and net income attributable to non-controlling interests.
Metro Health eyes majority sale before Affordable Care Act begins, local control to remain
A "strategic partnership" will lead to the sale of 70 percent of Metro Health to Tennessee-based Community Health Systems, but operational decisions for the West Michigan hospital are expected to remain under local control.
The Motley Fool
What to Look for in Community Health Systems' Fourth Quarter Report
The hospital operator currently owns, leases, or operates 206 hospitals in 29 states and has a market cap of $3.9 billion.
The Motley Fool
Looking Ahead at LifePoint Hospitals' Fourth Quarter Earnings
However, LifePoint has better growth prospects with a five-year PEG ratio of 2.08, and it is working toward positioning its hospitals to take advantage of the changing health care services sector.
Nurses union's conflict with Community Health Systems heats up
The 185,000-member National Nurses United labor union last month claimed that management at two California hospitals owned by Franklin-based Community Health Systems wrongfully terminated nurses who also were union members and had been outspoken on labor issues.