Kevin Hammons - Community Health President

CYH Stock  USD 3.03  0.07  2.36%   

President

Mr. Kevin J. Hammons is Senior Vice President and Chief Accounting Officer of Community Health Systems, Inc. .he served as Senior Vice President and Chief Accounting Officer of Community Health Systems since 2014. he is responsible for SEC reporting matters, as well as overseeing other accounting and financial reporting matters, including consolidations, budgeting and the design and implementation of financial systems and processes. Mr. Hammons joined us in 1997 and, in 2002, he was promoted to assistant vice president, financial reporting. In 2005, he was promoted to vice president, financial reporting. In 2012, he was promoted to vice president and chief accounting officer, and in January 2014, he was promoted to senior vice president. In 2017, he was alaso named assistant chief financial officer. Prior to joining us, he served in various positions in the assurance and advisory services practice at Ernst Young LLP. since 2021.
Age 58
Tenure 3 years
Address 4000 Meridian Boulevard, Franklin, TN, United States, 37067
Phone615 465 7000
Webhttps://www.chs.net

Community Health Management Efficiency

The company has Return on Asset of 0.0373 % which means that on every $100 spent on assets, it made $0.0373 of profit. This is way below average. Community Health's management efficiency ratios could be used to measure how well Community Health manages its routine affairs as well as how well it operates its assets and liabilities. The Community Health's current Return On Equity is estimated to increase to 0.11, while Return On Tangible Assets are forecasted to increase to (0.01). The Community Health's current Intangibles To Total Assets is estimated to increase to 0.34, while Total Assets are projected to decrease to under 13.9 B.
The company has 12.17 B in debt with debt to equity (D/E) ratio of 759.8, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Community Health Systems has a current ratio of 1.34, which is typical for the industry and considered as normal. Debt can assist Community Health until it has trouble settling it off, either with new capital or with free cash flow. So, Community Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Community Health Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Community to invest in growth at high rates of return. When we think about Community Health's use of debt, we should always consider it together with cash and equity.

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Community Health Systems, Inc. owns, leases, and operates general acute care hospitals in the United States. The company was founded in 1985 and is headquartered in Franklin, Tennessee. Community Health operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. It employs 51000 people. Community Health Systems (CYH) is traded on New York Stock Exchange in USA. It is located in 4000 Meridian Boulevard, Franklin, TN, United States, 37067 and employs 48,000 people. Community Health is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

Community Health Systems Leadership Team

Elected by the shareholders, the Community Health's board of directors comprises two types of representatives: Community Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Community. The board's role is to monitor Community Health's management team and ensure that shareholders' interests are well served. Community Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Community Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
Benjamin Fordham, Senior Vice President Interim General Counsel, Chief Litigation Counsel
Joseph Hastings, Independent Director
Shelly Schussele, Senior Relations
Julia North, Lead Independent Director
Chad Campbell, Regional President – Region Operations
James Ely, Independent Director
Larry Cash, CFO and President of Financial Services and Director
Rachel Seifert, Executive VP, General Counsel and Secretary
MBA MD, President Officer
Ranga Krishnan, Director
H Williams, Independent Director
Lynn Simon, President of Clinical Operations and Chief Medical Officer
John Clerico, Lead Independent Director
Wayne Smith, Chairman of the Board, Chief Executive Officer, and Director
Michael Culotta, CFO
Mitchell Watson, Independent Director
Martin Bonick, Division President - Division I Operations
Michael Lynd, Senior Services
Kevin Hammons, Assistant Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Treasurer
Justin Pitt, Executive Vice President, General Counsel and Assistant Secretary
John Fry, Independent Director
Mark Medley, Regional President – Region Operations
Tim Hingtgen, President, Chief Executive Officer, Chief Operating Officer, Director
K Krishnan, Independent Director
Thomas Aaron, Chief Financial Officer, Executive Vice President
Michael Portacci, Division President - Division II Operations
Paul Smith, Division President — Division VI Operations
James Williams, Director
Kevin Stockton, Regional President – Region Operations
James Hayes, Executive Officer
William Jennings, Independent Director
David Miller, Pres and COO
Robert Horrar, Division President — Division III Operations
Tomi Galin, Marketing Communications
Martin Smith, Division President - Division III Operations
Brad Cash, Executive Operations
Thomas Miller, President of Division V Operations
Ross Comeaux, Senior Director – Investor Relations
Austen Mason, Regional President – Region Operations
Jason Johnson, Senior Vice President Chief Accounting Officer
Elizabeth Hirsch, Independent Director
Michael Dinkins, Independent Director
John McClellan, President - Division IV Operations
Beth Witte, Senior Officer

Community Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Community Health a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Community Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Community Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Community Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Community Stock

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The ability to find closely correlated positions to Community Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Community Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Community Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Community Health Systems to buy it.
The correlation of Community Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Community Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Community Health Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Community Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Community Health Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community Health Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community Health Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community Health Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Community Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Community Health. If investors know Community will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Community Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Earnings Share
(1.02)
Revenue Per Share
95.749
Quarterly Revenue Growth
0.013
Return On Assets
0.0373
The market value of Community Health Systems is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community Health's value that differs from its market value or its book value, called intrinsic value, which is Community Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Community Health's market value can be influenced by many factors that don't directly affect Community Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Community Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.