North Carolina backs FTC bid against $320 million health system deal [Reuters]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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Source: Reuters
of two hospitals in the state, a deal the agency said would lead to higher prices and reduced innovative care. North Carolina's state treasurer on Monday filed a “friend of the court” brief urging New Tab , opens new tab U.S. District Judge Kenneth Bell in the Western District of North Carolina to preliminarily stop Novant from buying the hospitals from Community Health Systems. The FTC in January sued Novant, which it said was among the largest hospital systems operating in the southeastern United States and “one of the most expensive” in North Carolina. Bell is weighing issuing an order that could halt the proposed purchase as the FTC mounts a separate administrative challenge against the transaction, which was announced last year. Novant has defended the proposed deal. The company and North Carolina Treasurer Dale Folwell's office did not immediately respond to requests for comment. The FTC declined to comment. An administrative hearing before the FTC to determine the l
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CYH
News
- Community Health Systems, Inc. (NYSE: CYH) had its price target raised by analysts at Truist Financial Co. from $3.25 to $3.75. They now have a "hold" rating on the stock.MarketBeat
- Community Health (CYH) Q1 Earnings Top on Better Occupancy Rates [Yahoo! Finance]Yahoo! Finance
- Intermountain Health exits Kansas [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. (NYSE: CYH) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $5.50 to $4.50. They now have an "outperform" rating on the stock.MarketBeat
- Community Health Systems (CYH) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
CYH
Earnings
- 4/24/24 - Miss
CYH
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/18/24 - Form 8-K
- CYH's page on the SEC website