Community Health Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 28, 2021 at 01:46 am IST
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Community Health Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 3,115 million compared to USD 3,126 million a year ago. Net income was USD 111 million compared to USD 112 million a year ago. Basic earnings per share from continuing operations was USD 0.87 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 0.85 compared to USD 0.97 a year ago.
For the nine months, sales was USD 9,135 million compared to USD 8,670 million a year ago. Net income was USD 52 million compared to USD 200 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 1.74 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 1.74 a year ago.
Community Health Systems, Inc. is a healthcare company. The Company, through its subsidiaries, owns or leases over 71 affiliated hospitals, with approximately 12,000 beds, and operate more than 1,000 sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers. The Company, through its affiliates, providers of healthcare services, develops and operating healthcare delivery systems in over 40 distinct markets across 15 states. Its hospitals are general care hospitals offering a range of inpatient and outpatient medical services. These services generally include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. In addition, some of its hospitals provide skilled nursing and home care services based on individual community needs.