Report title: Community Health Systems, Inc. at Oppenheimer & Co. Healthcare Conference Transcript
from Thomson StreetEvents
8 page (5320 word) report published Nov 03, 2009

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Abstract: Final Transcript of CYH presentation, 3-Nov-09 2:10pm ET

Brief Excerpt: ...Unidentified Speaker (Audio in progress) -- to Oppenheimer's 20th Healthcare Conference. It's my pleasure to introduce Chief Financial Officer Larry Cash of Community Health Systems. Larry Cash - Community Health Systems - EVP & CFO Thank you. Good afternoon. First of all, before I get started, here's our forward-looking statement. A second to look at that. Our revenue growth -- so far this year, we've had a very good year, and EPS is up over 25%, $1.94, versus last year $1.54. We reported about -- restated $2.11 this year, so we should be, what, between 20% and 25% up based on our guidance that we put out last week. Revenue is $9 billion, EBITDA $1.237 billion, and the guidance of $1.645 billion to $1.665 billion for the year. So we're off to a very good year. We've got, as it says here, 122 hospitals in 29 states, and still 65% of our markets, or 80 of our hospitals, are sole providers. Prior to our large Triad transaction in 2007, we had about 85% of our markets are sole provider. Looking...

Report Type: Transcript
Source: Thomson StreetEvents
Company: Community Health Systems, Inc.
Ticker: CYH
Time: 2:10pm ET
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