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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...
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...
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...
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...
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...
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...
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...
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...
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...
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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Community Health Systems, Inc. (NYSE: CYH) today announced that it will webcast its second quarter 2024 conference call. The Company will issue a press release announcing its results on Wednesday, July 24, 2024, after the regular close of trading. The conference call is scheduled to begin at ...
CHS-Affiliated Hospitals Begin to Purchase Medications from the Cost Plus Drugs Marketplace Community Health Systems, Inc. (NYSE: CYH) (“CHS”) announced today that it is expanding its partnership with Mark Cuban Cost Plus Drugs Company, making more medications available ...
Community Health Systems, Inc. (NYSE: CYH) provided an update on the planned divestiture of two North Carolina hospitals today. On June 18, 2024, Novant Health, Inc., a North Carolina non-profit corporation (“Novant”), informed Community Health Systems, Inc. (the “Company...