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home / news releases / CYH - Community Health Systems Inc. (CYH) Q4 2023 Earnings Call Transcript


CYH - Community Health Systems Inc. (CYH) Q4 2023 Earnings Call Transcript

2024-02-21 15:22:09 ET

Community Health Systems, Inc. (CYH)

Q4 2023 Results Conference Call

February 21, 2024 11:00 AM ET

Company Participants

Anton Hie - VP, IR

Tim Hingtgen - CEO

Kevin Hammons - President, CFO

Miguel Benet - EVP, Clinical Operations

Conference Call Participants

A.J. Rice - UBS

Ben Hendrix - RBC Capital Markets

Brian Tanquilut - Jefferies

Jason Cassorla - Citi

Marco Criscuolo - Nephron Research

Stephen Baxter - Wells Fargo

Presentation

Operator

Hello, and welcome to the Community Health Systems Fourth Quarter and Full Year 2023 Earnings Conference Call. [Operator Instructions].

I would now like to hand the call to Anton Hie, Vice President of Investor Relations. Please go ahead.

Anton Hie

Thank you, MJ. Good morning, and welcome to the Community Health Systems Fourth Quarter and Year-End 2023 Conference Call. Joining me today on this call are Tim Hingtgen, Chief Executive Officer; Kevin Hammons, President and Chief Financial Officer; and Dr. Miguel Benet, Executive Vice President of Clinical Operations.

Before we begin, I must remind everyone this conference call may contain certain forward-looking statements, including all statements that do not relate solely to historical or current facts. These forward-looking statements are subject to a number of known and unknown risks, which are described in headings such as Risk Factors in our annual report on Form 10-K and other reports filed with or furnished to the SEC. Actual results may differ significantly from those expressed in any forward-looking statements in today's discussion. We do not intend to update any of these forward-looking statements.

Yesterday afternoon, we issued a press release with our financial statements and definitions and calculations of adjusted EBITDA and adjusted EPS. We've also posted a supplemental slide presentation to our website. All calculations we will discuss exclude gain or loss from early extinguishment of debt, impairment expense as well as gains or losses on sales of subsidies gained from the Core Trust transaction, expense from government and other legal matters and related costs, expenses from business transformation costs, expenses related to employee termination benefits and other restructuring charges, and changes in estimates for professional claims liability related to the [indiscernible] locations. ...

For further details see:

Community Health Systems, Inc. (CYH) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Community Health Systems Inc.
Stock Symbol: CYH
Market: NYSE
Website: chs.net

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