Community Health Systems, Inc.

Community Health Systems, Inc. operates as one of the nation's largest healthcare companies through its network of affiliated hospitals and outpatient facilities. The company's website is www.chs.net.

As of December 31, 2025, Community Health Systems owns or leases 69 affiliated hospitals containing more than 10,000 beds and operates more than 1,000 sites of care across 36 distinct markets in 14 states. The company's healthcare delivery systems serve diverse geographic markets ranging from sole community providers to large regional networks. The company employs approximately 1,700 physicians and an additional 1,400 licensed healthcare practitioners alongside its broader workforce.

The company generates revenues by providing a comprehensive range of general and specialized hospital healthcare services and outpatient services. Services include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. Beyond traditional hospital care, Community Health Systems operates physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers.

Revenue sources are diversified across multiple payors. For the year ended December 31, 2025, Medicare represented 17.4 percent of net operating revenues, Medicare Managed Care accounted for 18.0 percent, Medicaid comprised 16.0 percent, and managed care and other third-party payors represented 47.8 percent, with self-pay accounting for 0.8 percent. Net operating revenues for 2025 totaled $12.5 billion.

Community Health Systems operates through regional networks and individual hospital systems, leveraging centralized functions in areas including billing and collections, finance, physician support, human resources, procurement and materials management, and case management. The company participates in 11 Medicare Shared Savings Program accountable care organizations encompassing approximately 2,900 employed and independent physicians. The company maintains a Patient Safety Organization certified through 2026 and emphasizes continuous quality improvement and patient safety initiatives across its operations.