Community Health Systems, Inc.
Company Name | Community Health Systems, Inc. |
Stock Symbol | CYH |
On February 21, 2024, Community Health disclosed that it had received a Civil Investigative Demand from the Department of Justice for “documents and information relating to a variety of subjects, including practices and procedures related to utilization review, inpatient admissions and inpatient dialysis at [the Company’s] hospitals.”
On this news, Community Health’s stock price fell $0.26, or 9%, to close at $2.64 per share on February 22, 2024, thereby injuring investors.
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