secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001193125-22-269815
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community Health Systems Q3 net loss $(0.32)/share; revenue down 2.9% to $3.025B
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- Net loss of $(42)M ($0.32 diluted) vs net income of $111M ($0.85) in Q3 2021; adjusted loss $(0.52)/share.
- Revenue $3.025B, down 2.9% YoY; same-store admissions -2.2%, adjusted admissions +5.2%.
- Adjusted EBITDA $400M, including $115M pandemic relief funds; prior year $482M with $19M relief.
- Extinguished ~$267M notes via open market repurchases; recognized $78M pre-tax gain.
- Hurricane Ian estimated $10M pre-tax impact; expects to update in Q4; received $121M from HPG/CoreTrust sale.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312522269815/0001193125-22-269815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312522269815/d390849d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-269815

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer