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Stock Market & Financial Investment News

News Breaks
November 23, 2012
13:31 EDTCYH Glenview Capital reports 8.39% passive stake in Community Health
News For CYH From The Last 14 Days
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August 29, 2014
08:20 EDTCYHCommunity Health to beneift from Pennsylvania Medicaid expansion, saysBofA/Merrill
Yesterday, Pennsylvania announced an expansion of Medicaid. BofA/Merrill has not changed estimates but said the news makes estimates for 2015 look too low. The analyst said Community Health (CYH) has the largest exposure to Pennsylvania with approximately 10% of beds in the state, following by Tenet (THC) with 3% of beds in the state, and LifePoint Hospitals (LPNT) will have 6% of the beds in the state when the Conemaugh deal is finalized.
August 28, 2014
08:14 EDTCYHJefferies to hold a bus tour
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August 25, 2014
07:59 EDTCYHSome healthcare providers offer compelling opportunities, says Jefferies
Jefferies believes that the following healthcare providers reported good Q2 results which have not been adequately reflected by their stocks: Acadia Healthcare (ACHC), Almost Family (AFAM), Brookdale Senior Living (BKD), Catamaran (CTRX), Community Health (CYH), Envision Healthcare (EVHC), and HCA Holdings (HCA). The firm expects the sector as a whole to continue to improve in 2H14 amid continued tailwinds from healthcare reform.
August 18, 2014
10:41 EDTCYHCommunity Health discloses personal data compromised in cyber attack
Earlier today, Community Health (CYH) disclosed in a filing that in July Community Health Systems confirmed that its computer network was the target of an external, criminal cyber attack that the company believes occurred in April and June. The company and its forensic expert, Mandiant, a FireEye company (FEYE), believe the attacker was an “Advanced Persistent Threat” group originating from China who used highly sophisticated malware and technology to attack the company’s systems.The company has been informed by federal authorities and Mandiant that this intruder has typically sought valuable intellectual property, such as medical device and equipment development data. However, in this instance the data transferred was non-medical patient identification data related to the company’s physician practice operations and affected approximately 4.5M individuals who, in the last five years, were referred for or received services from physicians affiliated with the company. The company has confirmed that this data did not include patient credit card, medical or clinical information; the data is, however, considered protected under the Health Insurance Portability and Accountability Act because it includes patient names, addresses, birthdates, telephone numbers and social security numbers. The company does not believe this incident will have a material adverse effect on its business or financial results.

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