Community Health Systems Inc reported second-quarter 2026 results with revenue of $2.825B, down (9.8%) from $3.133B a year earlier, and net income attributable to CHS stockholders of $70M versus $282M in Q2 2025. Same‑store revenue and volumes improved despite consolidated declines driven by divestitures.
Financial Highlights
- Revenue was $2.825B for Q2 2026, compared with $3.133B in Q2 2025; YoY change (9.8%).
- Net income was $70M attributable to CHS stockholders for Q2 2026, compared with $282M in Q2 2025; YoY change (75.2%).
- Diluted earnings per share: not reported for the quarter in Part I Items 1–2 (omitted).
Business Highlights
- Same‑store net operating revenues rose about 2.4% in Q2 and roughly 2.5% year‑to‑date, offsetting consolidated revenue declines tied to hospital divestitures.
- Same‑store adjusted admissions increased 2.9% in Q2; consolidated admissions fell about 11% due to the sale of hospitals.
- Divestiture activity: CHS sold 12 hospitals from 2025 through mid‑2026 to monetize non‑core assets and redeploy proceeds for capital expenditures and operations.
- Expanded outpatient footprint through acquisitions of physician practices, clinics and controlling interests in two ambulatory surgery centers.
- Operational efficiency efforts reduced supply spending; increased hiring to replace contract labor raised salaries and benefits as a share of costs.
Original SEC Filing:
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