Read more...

Read more...

Read more...

Read more...

Analysts released new ratings for some health care stocks recently. Read more...

FRANKLIN, Tenn., Feb. 08, 2017 (GLOBE NEWSWIRE) -- Community Health Systems, Inc. (NYSE:NYSE:CYH) today announced that it will provide an online Web simulcast and rebroadcast of its fourth quarter and year-end 2016 conference call. The Company will issue a press release announcing its results in the afternoon on Monday, February 20, 2017. The conference call is scheduled to begin at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Tuesday, February 21, 2017. A live broadcast of the conference call will be available online at
www.chs.net. To listen to the live call, please go to the web site at least 15 minutes early to register, download, and install any necessary audio software. The online replay will follow shortly after the call and continue through March 21, 2017. During this call, Community Health Systems will review the Company’s financial and operating results for the fourth quarter and year ended December 31, 2016. About Community Health Systems, Inc.

Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading operator of general acute care hospitals in communities across the country. The Company, through its subsidiaries, owns, leases or operates 158 affiliated hospitals in 22 states with an aggregate of nearly 27,000 licensed beds. The Company’s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. Shares in Community Health Systems, Inc. are traded on the New York Stock Exchange under the symbol “CYH.” More information about the Company can be found on its website at

www.chs.net.

Investor Contacts:
W. Larry Cash
President of Financial Services and Chief Financial Officer
(615) 465-7000
or
Ross W. Comeaux
Senior Director – Investor Relations
(615) 465-7012


Read more...

LOUISVILLE, Ky., Jan. 20, 2017 (GLOBE NEWSWIRE) -- Almost Family, Inc. (NASDAQ:AFAM) announced today that the underwriters of its recent public offering of common stock have exercised their over-allotment option to purchase an additional 450,000 shares, bringing the total number of shares sold in the offering of common stock to 3,450,000 shares and total gross proceeds to approximately $153.5 million. Total net proceeds of the offering to Almost Family, after deducting underwriting discounts and commissions and other estimated offering expenses payable by Almost Family, will be approximately $144.3 million. The closing of the sale of the additional shares of common stock pursuant to the exercise of the over-allotment option is expected to close on or about January 25, 2017, along with the closing of the common stock offering.
J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint book‑running managers for the offering. Capital One Securities, Inc., Fifth Third Securities, Inc. and Regions Securities LLC are acting as co-managers for the offering. The offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus supplement and the accompanying base prospectus, copies of which may be obtained by contacting (i) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewater, NY 11717, or telephone: 866-803-9204 or (ii) BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC  28255-0001, Attn: Prospectus Department, or Email: [email protected]. These documents have been filed with the SEC and are available at the SEC’s website at http://www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful before registration or qualification under the securities laws of any such state or jurisdiction. Forward Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including statements related to the offering and the expected use of the net proceeds. These forward-looking statements are based on current plans, expectations, projections, forecasts and assumptions about future events that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “could,” “would,” “estimate,” “project,” “forecast,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “target,” or similar terms, variations of those terms or the negative of those terms. While forward-looking statements reflect good faith beliefs, assumptions and expectations, they are not guarantees of future performance, and the Company undertakes no obligation to update or revise its forward-looking statements. The forward-looking statements in this news release are based on a variety of assumptions that may not be realized and that are subject to significant risks and uncertainties, including that the offering may not be completed. For a more complete discussion regarding other factors which could affect the Company's financial performance, refer to the Company's various filings with the Securities and Exchange Commission, including its filing on Form 10-K for the year ended January 1, 2016, in particular information under the headings "Special Caution Regarding Forward-Looking Statements" and “Risk Factors.” About Almost Family, Inc. Almost Family, Inc., founded in 1976, is a leading national provider of home healthcare services, with 340 branch locations in 26 states, following the completion of its joint venture transaction with Community Health Systems, Inc. (CHS) (NYSE:NYSE:CYH). Almost Family, Inc. and its subsidiaries operate a visiting nurse segment, a personal care segment and a HealthCare Innovations segment. CHS Home Health, the joint venture with CHS, is one of the nation’s larger Medicare home health care providers with 74 home health and 15 hospice locations in 22 states. Most of its home health and hospice operations are affiliated with CHS general acute care hospitals in communities across the country. The JV is managed by Almost Family, governed by a board with proportionate representation from Almost Family and CHS and is primarily focused on serving the post-acute home health needs of the current CHS locations while also developing additional home health capabilities in communities with a CHS hospital but no affiliated home healthcare.  

Almost Family, Inc.
Steve Guenthner
(502) 891-1000

Read more...

LOUISVILLE, Ky., Jan. 19, 2017 (GLOBE NEWSWIRE) -- Almost Family, Inc. (NASDAQ:AFAM) today announced that it has priced its upsized underwritten public offering of 3,000,000 shares of its common stock at a price of $44.50 per share. The net proceeds from the offering will be approximately $125,490,000, after estimated issuance discounts and commissions. Almost Family intends to use the net proceeds from the offering to repay outstanding indebtedness under its revolving credit facility borrowed to fund its recent acquisition. In addition, Almost Family has granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of its common stock.
J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint book‑running managers for the offering. Capital One Securities, Inc., Fifth Third Securities, Inc. and Regions Securities LLC are acting as co-managers for the offering. The offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (“SEC”). The offering will be made only by means of a prospectus supplement and the accompanying base prospectus, copies of which may be obtained by contacting (i) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewater, NY 11717, or telephone: 866-803-9204 or (ii) BofA Merrill Lynch, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC  28255-0001, Attn: Prospectus Department, or Email: [email protected]. These documents will also be filed with the SEC and will be available at the SEC’s website at http://www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful before registration or qualification under the securities laws of any such state or jurisdiction. Forward Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, including statements related to the offering and the expected use of the net proceeds. These forward-looking statements are based on current plans, expectations, projections, forecasts and assumptions about future events that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “could,” “would,” “estimate,” “project,” “forecast,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “target,” or similar terms, variations of those terms or the negative of those terms. While forward-looking statements reflect good faith beliefs, assumptions and expectations, they are not guarantees of future performance, and the Company undertakes no obligation to update or revise its forward-looking statements. The forward-looking statements in this news release are based on a variety of assumptions that may not be realized and that are subject to significant risks and uncertainties, including that the offering may not be completed. For a more complete discussion regarding other factors which could affect the Company's financial performance, refer to the Company's various filings with the Securities and Exchange Commission, including its filing on Form 10-K for the year ended January 1, 2016, in particular information under the headings "Special Caution Regarding Forward-Looking Statements" and “Risk Factors.” About Almost Family, Inc. Almost Family, Inc., founded in 1976, is a leading national provider of home healthcare services, with 340 branch locations in 26 states, following the completion of its joint venture transaction with Community Health Systems, Inc. (CHS) (NYSE:NYSE:CYH). Almost Family, Inc. and its subsidiaries operate a visiting nurse segment, a personal care segment and a HealthCare Innovations segment. CHS Home Health, the joint venture with CHS, is one of the nation’s larger Medicare home health care providers with 74 home health and 15 hospice locations in 22 states. Most of its home health and hospice operations are affiliated with CHS general acute care hospitals in communities across the country. The JV is managed by Almost Family, governed by a board with proportionate representation from Almost Family and CHS and is primarily focused on serving the post-acute home health needs of the current CHS locations while also developing additional home health capabilities in communities with a CHS hospital but no affiliated home healthcare.
Almost Family, Inc.
Steve Guenthner
(502) 891-1000

Read more...

Guru David Tepper (Trades, Portfolio) sold his remaining 6,270,130 shares of Community Health Systems (NYSE:CYH) during the third quarter. The trade had a -1.99% impact on Tepper’s portfolio. Read more...

Richard Snow (Trades, Portfolio) is the founder of Snow Capital. Snow began his career investing the proceeds from the sale of the Snow family businesses. The guru’s largest third quarter trades are the following: Read more...