Tag Archives: $564M

CHS beats Q2 expectations with help from $564M in bailout grants

Dive Brief: Community Health Systems on Tuesday posted a profit of $ 70 million in the second quarter as funding from federal COVID-19 relief legislation buoyed the company from losses related to dramatically lower patient volumes. The Franklin, Tennessee-based hospital chain reported $ 2.52 billion in net operating revenue, an 18.4% decrease compared to the same… Read More »