Community Health (CYH) Q2 2025 Earnings Transcript

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Thursday, July 24, 2025, astatine 11 a.m. ET

• Chief Executive Officer — Tim L. Hingtgen

• President and Chief Financial Officer — Kevin J. Hammons

Tim L. Hingtgen: Thank you, Anton. Good morning, everyone, and convey you for joining our 2nd 4th 2025 league call. Before we get to the quarter's results, I privation to code the announcement made yesterday day that I decided to discontinue astatine the extremity of September. I'm stepping backmost from my relation arsenic CEO for idiosyncratic reasons, the astir important 1 being that I privation to dedicate much clip to my household and idiosyncratic pursuits.

And portion I person loved the accidental to service arsenic the person of an enactment that is devoted to helping radical get good and unrecorded healthier, the occupation of CEO requires the highest grade of time, vigor and commitment, and my household has precise generously supported maine successful my committedness to giving everything I person to starring this organization. I've been reasoning astir that a batch this year. I privation to beryllium much contiguous for them astatine this signifier of my beingness and astatine this signifier successful theirs. I besides person immoderate idiosyncratic pursuits that I privation to research portion I'm inactive young capable and anxious capable to effort caller things.

This is not a determination that was made easy oregon rapidly oregon without respect to what's champion for CHS. I wrestled with whether to discontinue and erstwhile to discontinue successful portion retired of a consciousness of loyalty to the organization, but adjacent much than that, retired of my sincere tendency to proceed to beryllium a portion of the advancement happening successful this institution and the opportunities and achievements I inactive spot ahead. Those volition proceed to hap nether Kevin's leadership, I americium sure. But aft reasoning astir it a batch and consulting with my family, this is the due decision. Let's telephone it a difficult, honorable and for me, a indispensable choice.

I'll beryllium present done the extremity of September to enactment a seamless transition. But truthfully, Kevin could measurement into the relation of CEO contiguous and things would beryllium conscionable fine. He knows CHS arsenic overmuch arsenic anyone, and helium cares profoundly astir our company, our radical and the patients who take and trust connected CHS wellness systems for their aesculapian care. I privation to convey the CHS Board for their religion successful maine and the CHS squad for the privilege of being their person and convey you to our investors for your assurance successful CHS.

So present with that, fto maine marque conscionable a fewer little remarks astir the quarter, and past Kevin volition adhd rather a spot much item and colour astir our results and what we spot ahead, including imaginable interaction from the Big Beautiful Bill. In the 2nd 4th connected a same-store basis, nett gross accrued 6.5% year-over-year. Inpatient admissions were up 0.3% and adjusted admissions declined 0.7% with a 2.5% diminution successful surgeries and a 1.9% diminution successful ER visits.