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What activities the organization endured during the calendar year, and summarize their financial health. Operating results, as a percentage of net operating revenues. Net operating
What activities the organization endured during the calendar year, and summarize their financial health.
Operating results, as a percentage of net operating revenues. Net operating revenues Operating expenses (a) Depreciation and amortization Impairment and gain (loss) on sale of businesses, net Income from operations Interest expense, net Gain (loss) from early extinguishment of debt Equity in earnings of unconsolidated affiliates Income (loss) before income taxes Benefit from (provision for) income taxes Net income (loss) Less: Net income attributable to noncontrolling interests Net income (loss) attributable to Community Health Systems, Inc. stockholders Percentage (decrease) increase from prior year Net operating revenues Admissions (b) Adjusted admissions (c) Average length of stay (d) Net income (loss) attributable to Community Health Systems, Inc. stockholders Same-store percentage (decrease) increase from prior year (e): Net operating revenues Admissions (b) Adjusted admissions (c) 2020 Year Ended December 31, 100.0% (85.3) (4.7) (0.4) 9.6 (8.7) 2.6 01 3.6 15 51 (0.8) 4.3% 2019 2020 100.0% (89.5) (4.6) (1.0) 4.9 (7.9) (0.4) 0.1 (3.3) (1.2) 175.7 (4.5) (0.6) Year Ended December 31. (5.1)% (10.8)% (15.7) (19.4) (3.4)% (8.0) (12.5) 2018 2019 100.0% (88.9) (4.9) (4.7) 1.5 (6.9) 0.2 0.2 (5.0) (5.0) (0.6) (5.6)% (6.7)% (11.1) (10.6) (22) (143) IHN 232 Net operating revenues Operating costs and expenses: Salaries and benefits Supplies Other operating expenses Government and other legal settlements and related costs Electronic health records incentive reimbursement Lease cost and rent Pandemic relief funds CONSOLIDATED STATEMENTS OF INCOME (LOSS) Depreciation and amortization Impairment and (gain) loss on sale of businesses, net Total operating costs and expenses Income from operations Interest expense, net of interest income of $3 in both 2020 and 2019 and $7 in 2018 (Gain) loss from early extinguishment of debt Equity in earnings of unconsolidated affiliates Income (loss) before income taxes (Benefit from) provision for income taxes Net income (loss) Less: Net income attributable to noncontrolling interests Net income (loss) attributable to Community Health Systems, Inc. stockholders Earnings (loss) per share attributable to Community Health Systems, Inc. common stockholders: Basic Diluted Weighted-average number of shares outstanding: Basic Diluted See accompanying notes to the consolidated financial statements. 2 S S S Year Ended December 31, 2020 2019 2018 (In millions, except share and per share data) 11,789 13,210 S 5,411 1,963 2,957 327 (601) 558 48 10,663 1,126 1,031 (317) (10) 422 (185) 607 96 511 $ 4.43 4.39 115,491,022 116,544,561 S 5,947 2,151 3,303 93 321 608 138 12,560 650 1,041 54 (15) (430) 160 (590) 85 (675) (5.93) S (5.93) 113,739,046 113,739,046 14,155 6,384 2,355 3,496 11 (4) 337 700 668 13,947 208 976 (31) (22) (715) (704) (6.99) (6.99) 112,728,274 112,728,274 Operating results, as a percentage of net operating revenues. Net operating revenues Operating expenses (a) Depreciation and amortization Impairment and gain (loss) on sale of businesses, net Income from operations Interest expense, net Gain (loss) from early extinguishment of debt Equity in earnings of unconsolidated affiliates Income (loss) before income taxes Benefit from (provision for) income taxes Net income (loss) Less: Net income attributable to noncontrolling interests Net income (loss) attributable to Community Health Systems, Inc. stockholders Percentage (decrease) increase from prior year Net operating revenues Admissions (b) Adjusted admissions (c) Average length of stay (d) Net income (loss) attributable to Community Health Systems, Inc. stockholders Same-store percentage (decrease) increase from prior year (e): Net operating revenues Admissions (b) Adjusted admissions (c) 2020 Year Ended December 31, 100.0% (85.3) (4.7) (0.4) 9.6 (8.7) 2.6 01 3.6 15 51 (0.8) 4.3% 2019 2020 100.0% (89.5) (4.6) (1.0) 4.9 (7.9) (0.4) 0.1 (3.3) (1.2) 175.7 (4.5) (0.6) Year Ended December 31. (5.1)% (10.8)% (15.7) (19.4) (3.4)% (8.0) (12.5) 2018 2019 100.0% (88.9) (4.9) (4.7) 1.5 (6.9) 0.2 0.2 (5.0) (5.0) (0.6) (5.6)% (6.7)% (11.1) (10.6) (22) (143) IHN 232 Net operating revenues Operating costs and expenses: Salaries and benefits Supplies Other operating expenses Government and other legal settlements and related costs Electronic health records incentive reimbursement Lease cost and rent Pandemic relief funds CONSOLIDATED STATEMENTS OF INCOME (LOSS) Depreciation and amortization Impairment and (gain) loss on sale of businesses, net Total operating costs and expenses Income from operations Interest expense, net of interest income of $3 in both 2020 and 2019 and $7 in 2018 (Gain) loss from early extinguishment of debt Equity in earnings of unconsolidated affiliates Income (loss) before income taxes (Benefit from) provision for income taxes Net income (loss) Less: Net income attributable to noncontrolling interests Net income (loss) attributable to Community Health Systems, Inc. stockholders Earnings (loss) per share attributable to Community Health Systems, Inc. common stockholders: Basic Diluted Weighted-average number of shares outstanding: Basic Diluted See accompanying notes to the consolidated financial statements. 2 S S S Year Ended December 31, 2020 2019 2018 (In millions, except share and per share data) 11,789 13,210 S 5,411 1,963 2,957 327 (601) 558 48 10,663 1,126 1,031 (317) (10) 422 (185) 607 96 511 $ 4.43 4.39 115,491,022 116,544,561 S 5,947 2,151 3,303 93 321 608 138 12,560 650 1,041 54 (15) (430) 160 (590) 85 (675) (5.93) S (5.93) 113,739,046 113,739,046 14,155 6,384 2,355 3,496 11 (4) 337 700 668 13,947 208 976 (31) (22) (715) (704) (6.99) (6.99) 112,728,274 112,728,274Step by Step Solution
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