Edited Transcript of CYH earnings conference call or presentation 29-Apr-20 3:00 pm GMT

Q1 2020 Community Health Systems Inc Earnings Call

FRANKLIN May 5, 2020 (Thomson Street Events) — Edited Transcript of Community Health Systems Inc earnings conference call or presentation Wednesday, April 29, 2020, at 3:00: 00 pm GMT

Community Health Systems Inc (CYH) Q1 2020 Earnings Call Transcript

Ross W. Comeaux — Vice President of Investor Relations

Before starting,  I’d like to read the following disclosure statement.  Certain forward-looking statements, including all statements that do not relate solely to historical or current facts. These forward-looking statements are subject to a number of known and unknown risks, which are described in headings such as Risk Factors in our annual report on Form 10-K and other reports filed with or furnished to the Securities and Exchange Commission. As a consequence, actual results may differ significantly from those expressed in any forward-looking statements in today’s discussion. We do not intend to update any of those forward-looking statements.

The remarkable events of the past several weeks have deeply affected all of us, significantly altering our lives, jobs, cyh stock at https://www.webull.com/newslist/nyse-cyh businesses, and the cyh stock economy. We’ve made necessary sacrifices, and that’s especially true for essential workers across many industries. On the front lines, physicians, nurses, other caretakers and support personnel have further earned our tremendous and appreciation. I am incredibly proud of the entire healthcare community and grateful to everyone across the CHS organization for their professionalism and compassion, and our work to confront the COVID-19 pandemic.

Our hospital teams have been organized, resourceful, and most importantly, ready and available for every patient who needs our support, and they still are. Our regional operational leaders, hospital executives, and corporate support teams have worked around the clock, leveraging our resources into a comprehensive, coordinated, rapid, and agile response. Our goals have been very clear from the beginning, safety first.

That’s the mantra across our entire company, and there’s never been a time when it matters more. We have focused on the safety of every patient, whether positive for COVID-19 or not. We have worked to protect our medical teams and healthcare workers from exposure by implementing screening and testing capabilities, ensuring adequate personal protective equipment despite sometimes, challenged supply availability.

Community Health Systems EPS misses by $1.01, misses on revenue

Community Health Systems (NYSE: CYH): Q1 Non-GAAP EPS of -$1.59 misses by $1.01; GAAP EPS of $0.15 beats by $0.78. Revenue of $3.03B (-10.4% Y/Y) misses by $140M. If you want to know more stock information like mbio stock, you can visit at https://www.webull.com/newslist/nasdaq-mbio.