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Community Health Systems (Community Health Systems) Occupancy Rate % : 53.50% (As of Dec. 2023)


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What is Community Health Systems Occupancy Rate %?

Occupancy Rate % shows the actual utilization of an inpatient health facility for a given time period.

Community Health Systems's Occupancy Rate % for the quarter that ended in Dec. 2023 was 53.50% , which is higher than 46.80% for the pervious quarter ended in Sep. 2023.

Community Health Systems's Occupancy Rate % for the annual that ended in Dec. 2023 was 52.40% , which is higher than 49.20% for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Community Health Systems's Occupancy Rate % or its related term are showing as below:

CYH's Occupancy Rate % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Occupancy Rate % only.

Community Health Systems Occupancy Rate % Historical Data

The historical data trend for Community Health Systems's Occupancy Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Community Health Systems Occupancy Rate % Chart

Community Health Systems Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Occupancy Rate %
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Medicare Income Percentage of Revenue %
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Medicaid Income Percentage of Revenue %
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Managed Care Income Percentage of Revenue %
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Change in Admissions %
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Supplies Expense Percentage of Revenue %
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Outpatient Services Income Percentage of Revenue %
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Change in Equivalent Admissions %
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Community Health SystemsQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Occupancy Rate %
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Medicare Income Percentage of Revenue %
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Medicaid Income Percentage of Revenue %
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Managed Care Income Percentage of Revenue %
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Change in Admissions %
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Bad Debt Percentage of Revenue %
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Supplies Expense Percentage of Revenue %
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Outpatient Services Income Percentage of Revenue %
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Change in Equivalent Admissions %
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Competitive Comparison of Community Health Systems's Occupancy Rate %

For the Medical Care Facilities subindustry, Community Health Systems's Occupancy Rate %, along with its competitors' market caps and Occupancy Rate % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community Health Systems  (NYSE:CYH) Occupancy Rate % Calculation

To calculate Occupancy Rate %, we use inpatient days of care and bed days available. Inpatient days of care is the sum of each daily inpatient census for the year. Bed days available is the maximum number of inpatient days of care that would have been provided if all beds were filled during the year. The formula is:

Occupancy Rate %=( Inpatient Days of Care / Bed Days Available ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Community Health Systems  (NYSE:CYH) Occupancy Rate % Explanation

Occupancy Rate % is a calculation used to show the actual utilization of an inpatient health facility for a given time period. The occupancy rate reflects the degree to which hospital beds have been utilized even though the number of beds may have changed during the reporting period.

The average occupancy rate of community (that is, non-Federal, short-term general) hospitals is about 76%. We can recognize a hospital with a too-low occupancy rate as inefficient; such a hospital may find it hard to meet its profit goals. However, a constantly high occupancy rate may not be a good sign, either. Very high occupancy rates may reflect that the hospital is under great pressure from medical and labor sources. Thus, a reasonable occupancy rate is more acceptable than a high one.


Community Health Systems Occupancy Rate % Related Terms

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Community Health Systems (Community Health Systems) Business Description

Traded in Other Exchanges
Address
4000 Meridian Boulevard, Franklin, TN, USA, 37067
Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
Executives
Wayne T Smith director, officer: Executive Officer and Director 500 WEST MAIN STREET, LOUISVILLE KY 40202
Charles J Cova officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Burgess Ronald L Jr director 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Ely James S. Iii director 4000 MERIDIAN BLVD, FRANKLIN TN 37067
Susan W Brooks director 200 EAST JACKSON ST, MUNCIE IN 47305
Justin D Pitt officer: EVP and General Counsel 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Joseph Arthur Hastings director 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
John A Fry director C/O DELAWARE INVESTMENTS, 2005 MARKET ST. 34TH FL., PHILADELPHIA PA 19103
William Norris Jennings director 509 ALTA GATE ROAD, LOUISVILLE KY 40206
Chad A Campbell officer: Regional President 4000 MERIDIAN BLVD, FRANKLIN TN 37067
David E Nicely officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Kevin A Stockton officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Mark B Medley officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Austen D Mason officer: Regional President 4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Tian Qiao Chen 10 percent owner 2735 SAND HILL ROAD, #140, MENLO PARK CA 94025