Community Health Systems Reports Lower Q1 EBITDA Amid Divestitures and Volume Declines
Community Health Systems (CYH) reported Q1 adjusted EBITDA of $309 million, down 17.8% year-over-year, driven by lower volumes, weaker payer mix, and a $50 million drag from recent divestitures. Despite cash flow challenges, the company reduced leverage to 6.5x and maintained 2026 EBITDA guidance. Management cited soft demand in elective procedures and is investing in outpatient surgical capacity.
Tickers: $THC
Topics: Debt Reduction Divestitures Earnings EBITDA Outpatient Surgical Capacity Payer Mix