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In April–July 2017, Community Health Systems rejected overtures from key Lutheran Health Network doctors to facilitate sale of its profitable network in CHS to a third party, after assertions of continual lack of re-investment into the network's facilities and staff by CHS management.
Mar 1, 2024 · On February 21, 2024, Community Health disclosed that on “January 11, 2024, we received a Civil Investigative Demand from the Department of Justice for documents and information relating to a...
Community Health Systems (NYSE:CYH) said Friday that a federal judge in Tennessee has given preliminary approval for a proposed settlement of stockholder derivative litigation that had been...
Mar 17, 2023 · Community Health Systems Inc. avoided part of a bankruptcy-court lawsuit alleging it defrauded creditors when it collected a $1.2 billion dividend from its spinoff of rural health operator...
Dec 15, 2017 · Now, the company is hemorrhaging money, sitting atop a mountain of debt and teetering on the edge of bankruptcy — all major reasons why CHS has lost almost 90% of its market value.
15 hours ago · NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Community Health Systems, Inc. (“Community Health” or the “Company”) (NYSE: CYH ...
Oct 28, 2021 · CHS released its quarterly earnings a few days after being sued over the 2020 bankruptcy of Quorum Health, a company it spun off in 2016. The complaint, filed Oct. 25, alleges actions by CHS and...
Feb 22, 2024 · C ommunity Health Systems is facing a new federal probe into its hospital billing practices more than four years after the hospital chain settled separate allegations of fraudulent overbilling.
Oct 16, 2020 · On October 8, 2020, Community Health Systems, Inc. (Community Health) and its subsidiary CHSPSC, LLC entered into a settlement agreement with 28 states for $5 million to resolve claims...
Oct 26, 2021 · Credit Suisse Group AG and Community Health Systems Inc. have been sued over the 2020 bankruptcy of Quorum Health Corp., facing allegations that their actions burdened the hospital...
