Community Health Systems updated its 2026 financial guidance, now projecting net revenue of $11.4 billion to $11.6 billion and adjusted EBITDA of $1.3 billion to $1.375 billion. The revision follows second-quarter results that fell below internal expectations, with adjusted EBITDA of $330 million compared with $380 million a year earlier, as softer elective surgeries and higher uninsured volumes pressured margins. Same-store net revenue rose 2.4%, but net revenue per adjusted admission declined 0.5% because roughly half of the 2.9% increase in same-store adjusted admissions came from uninsured visits with minimal associated revenue. The company also completed a tender offer repurchasing approximately $368 million of 4.75% Senior Secured Notes due 2031 and $231 million of 10.875% Senior Secured Notes due 2032, while closing the divestiture of four Arkansas hospitals for $110 million in cash and acquiring majority stakes in Surgical Institute of Alabama and South Anchorage Surgery Center.
Community Health Systems IncSofter elective surgeries and higher uninsured volumes pressured margins, with net revenue per adjusted admission declining 0.5%.