secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY HEALTH SYSTEMS INC (CYH)
CIK:        0001108109
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0001193125-23-040251
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q4 net income $414M, adj EPS $1.50; full-year adj loss $1.38; 2023 guidance issued
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- Q4 net operating revenues $3.142B (-2.8% YoY); same-store admissions +4.4%, adjusted admissions +8.2%.
- Q4 net income $414M ($3.18 diluted) vs $178M ($1.34) YoY; adjusted EPS $1.50 vs $1.15.
- Full-year 2022 net income $46M ($0.35 diluted); adjusted net loss $(1.38) per share.
- Adjusted EBITDA Q4 $404M vs $540M YoY; full-year $1.466B vs $1.969B; pandemic relief funds declined.
- Extinguished ~$378M notes in Q4; pre-tax gain of $180M; 2023 guidance included in press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108109/000119312523040251/0001193125-23-040251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108109/000119312523040251/d460331d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-040251

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