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Community Health ( (CYH) ) just unveiled an update.
Community Health Systems, Inc. has entered into a consultancy agreement with its retiring President, Healthcare Innovation and Chief Medical Officer, Dr. Lynn T. Simon. The agreement, effective from January 1, 2025, to December 31, 2027, allows Dr. Simon to advise the company on healthcare innovation and strategy, while receiving a monthly consulting fee and maintaining certain stock options. This move is expected to bolster the company’s innovation strategy while retaining Dr. Simon’s expertise.
More about Community Health
Community Health Systems, Inc. operates in the healthcare industry, focusing on innovative healthcare services. It is involved in identifying strategies, business opportunities, and new technologies to enhance its offerings.
YTD Price Performance: -3.83%
Average Trading Volume: 2,559,813
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $418.2M
See more insights into CYH stock on TipRanks’ Stock Analysis page.
