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CYH News and Press, Community Health Systems Inc. From 07/06/22

Stock Information

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

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CYH - HCA, Universal Health and hospital peers under scrutiny after BMO downgrades

HCA Healthcare ( NYSE: HCA ) and Universal Health Services ( UHS ) are likely to add pressure on healthcare providers on Wednesday after BMO Capital Markets downgraded both hospital operators to sell-equivalent ratings of underperform from market perform. “While o...

CYH - Universal Health Services drags hospital operators after guidance cut

Leading healthcare providers in the U.S. are trading lower in the pre-market Thursday after Pennsylvania-based hospital chain Universal Health Services ( NYSE: UHS ) slashed its annual guidance citing adverse operating conditions. While Universal Health ( UHS ) has...

CYH - Community Health Systems CYH Investment Analysis and Advice

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

CYH - Ensign Group Will Prevail Despite The Nursing Home Reform

ENSG has an excellent track record and performed exceptional amid the COVID-19 impact. The Biden Administration proposed a nursing home reform in response to the high fatality rate of elderly in skilled nursing home during the pandemic. The reform will impose slightly downward but...

CYH - Community Health stock slumps 9% after Bofa cuts rating amid rising rates

Community Health Systems (NYSE:CYH) stock fell ~9% June 15 after Bank of America downgraded the stock to Neutral from Buy, and cut its price target on the shares to $5.50, from $7.50. Bofa Global Research Analyst Kevin Fischbeck noted that the decision was taken as the firm expects the compan...

CYH - U.S. Supreme Court rules in favor of hospitals on Medicare reimbursement

The U.S. Supreme Court ruled on Wednesday that the Department of Health and Human Services (HHS) improperly cut more than $1B in Medicare reimbursements annually to a certain group of hospitals. The justices unanimously sided with the American Hospital Association in the lawsuit over 340B Dru...

CYH - When the Price of Community Health Systems CYH Talks, People Listen

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

CYH - Community Health Systems Invests in Maternal-Fetal Early Warning System to Advance Patient Safety in Obstetric Programs

Community Health Systems, Inc. (NYSE: CYH) announced today that its affiliated hospitals offering obstetrics services have deployed PeriWatch Vigilance, an artificial intelligence-based maternal-fetal early warning system. The technology, developed by perinatal software company, PeriGen...

CYH - Community Health Systems: Stronger At A Growing Bed Count

Community Health Systems enjoys the controlled Covid-19 cases in the US and posted a positive YoY growth in its Q1 2022, however, posted pressured margins. It benefits from an expansion catalyst, which may support its growing topline. Despite the pressured margins, the company pos...

CYH - Community Health Systems to Participate in Two Upcoming Investor Conferences

Community Health Systems, Inc. (NYSE:CYH) today announced that management will participate in two upcoming conferences. - Wednesday, May 11th, 2022, at 2:00 p.m. Pacific Time at the BofA Securities 2022 Healthcare Conference held at the Encore Hotel in Las Vegas, NV. - Wednesday...

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