Community Health Systems had the highest capital expenditures as a percentage of its total revenue in 2013, at 7.6%. These expenses were around $991.3 million in dollar terms.
Community Health Systems (CYH) faces a unique combination of company risks in addition to the industry-specific risks of the hospital industry.
In 2013, Community Health Systems (CYH) had a workforce comprising 69,000 full-time employees and 18,000 part-time employees. The company also increased its total number of affiliated physicians by 1,030 in 2013.
The Patient Protection and Affordable Care Act (or ACA) and Health Care and Education Affordability Reconciliation Act are together called “Reform Legislation.”
For-profit hospitals like HCA Holdings (HCA), Tenet Healthcare (THC), Universal Health Services (UHS), and Community Health Systems (CYH) receive payments from federal Medicare, state Medicaid, or similar programs, managed care,…
Community Health Systems’ (CYH) operating expenses as a percentage of its net operating revenues increased from 85.1% in 2012 to 87% in 2013.
According to the US Census Bureau, 19.3% of the total US population resides in non-urban areas. Also, out of the total hospitals in the US, 40% are located in these areas.
The net operating revenues of Community Health Systems (CYH) decreased by 0.2% from $13.03 billion in 2012 to $12.9 billion in 2013.
Community Health Systems (CYH) has grown its hospital count rapidly in the last three decades. Today, it has the largest hospital network in the US.
Targa Resources Partners LP (NGLS) is a master limited partnership operating in the midstream energy space. Targa Resources Corp. (TRGP) is the general partner of NGLS.