community health systems annual reports 2005

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CHS 04 Text Section

C O M M U N I T Y H E A L T H S Y S T E M S , I N C .7100 Commerce Way, Suite 100

Brentwood, Tennessee 37027(615) 465-7000

www.chs.net

C o m p a n y P r o f i l e

Located in the Nashville, Tennessee, suburb of Brentwood, CommunityHealth Systems is a leading operator of general acute care hospitals in non-urbancommunities throughout the country. Through its subsidiaries, the Companyowned, leased or operated 70 hospitals in 21 states, as of December 31, 2005. Its hospitals offer a broad range of inpatient medical and surgical services,outpatient treatment and skilled nursing care.

Shares in Community Health Systems, Inc. are traded on the New York StockExchange under the symbol CYH.

Annual Repor t To Shareho lder s

Community Health Systems, Inc.

Bringing Healthcare

Close to Home

2005

Corporate Information / Community Health Systems, Inc.

Corporate Office

Community Health Systems, Inc.

7100 Commerce Way, Suite 100

Brentwood, Tennessee 37027

(615) 465-7000

www.chs.net

Form 10-K/Investor Contact

A copy of the Companys Annual

Report on Form 10-K, filed with

the Securities and Exchange

Commission, may be obtained

from the Company at no charge.

Requests for the Annual Report on

Form 10-K and other investor

information should be directed to

Investor Relations at the

Companys corporate office or at

www.chs.net.

Registrar and Transfer Agent

Mellon Investor Services LLC

480 Washington Boulevard

29th Floor

Jersey City, New Jersey 07310

(201) 680-5287

Independent Registered

Public Accounting Firm

Deloitte & Touche LLP

Nashville, Tennessee

Annual Shareholders Meeting

The annual meeting of shareholders

will be held on Tuesday, May 23,

2006, at 8:00 a.m. local time at

The St. Regis Hotel, La Maisonette I,

2 East 55th Street, New York, New York.

Common Stock Information

The Companys common stock

trades on the New York Stock

Exchange under the symbol CYH.

As of March 31, 2006,

Community Health Systems had

approximately 42,400 beneficial

holders of its common stock. Of

that total, 56 were stockholders of

record. To date, the Company has

not paid cash dividends on its

common stock.

The following table sets forth the

high and low sales price

information as reported by the

New York Stock Exchange during

the period indicated.

Stock Price

2005HighLow

First Quarter$36.33$26.96

Second Quarter$38.60$33.14

Third Quarter$39.52$32.65

Fourth Quarter$40.72$35.62

2004HighLow

First Quarter$30.87$25.86

Second Quarter$29.03$23.48

Third Quarter$27.87$23.21

Fourth Quarter$28.54$25.51

C O M M U N I T Y H E A L T H S Y S T E M S , I N C .7100 Commerce Way, Suite 100

Brentwood, Tennessee 37027(615) 465-7000

www.chs.net

C o m p a n y P r o f i l e

Located in the Nashville, Tennessee, suburb of Brentwood, CommunityHealth Systems is a leading operator of general acute care hospitals in non-urbancommunities throughout the country. Through its subsidiaries, the Companyowned, leased or operated 70 hospitals in 21 states, as of December 31, 2005. Its hospitals offer a broad range of inpatient medical and surgical services,outpatient treatment and skilled nursing care.

Shares in Community Health Systems, Inc. are traded on the New York StockExchange under the symbol CYH.

Annual Repor t To Shareho lder s

Community Health Systems, Inc.

Bringing Healthcare

Close to Home

2005

Corporate Information / Community Health Systems, Inc.

Corporate Office

Community Health Systems, Inc.

7100 Commerce Way, Suite 100

Brentwood, Tennessee 37027

(615) 465-7000

www.chs.net

Form 10-K/Investor Contact

A copy of the Companys Annual

Report on Form 10-K, filed with

the Securities and Exchange

Commission, may be obtained

from the Company at no charge.

Requests for the Annual Report on

Form 10-K and other investor

information should be directed to

Investor Relations at the

Companys corporate office or at

www.chs.net.

Registrar and Transfer Agent

Mellon Investor Services LLC

480 Washington Boulevard

29th Floor

Jersey City, New Jersey 07310

(201) 680-5287

Independent Registered

Public Accounting Firm

Deloitte & Touche LLP

Nashville, Tennessee

Annual Shareholders Meeting

The annual meeting of shareholders

will be held on Tuesday, May 23,

2006, at 8:00 a.m. local time at

The St. Regis Hotel, La Maisonette I,

2 East 55th Street, New York, New York.

Common Stock Information

The Companys common stock

trades on the New York Stock

Exchange under the symbol CYH.

As of March 31, 2006,

Community Health Systems had

approximately 42,400 beneficial

holders of its common stock. Of

that total, 56 were stockholders of

record. To date, the Company has

not paid cash dividends on its

common stock.

The following table sets forth the

high and low sales price

information as reported by the

New York Stock Exchange during

the period indicated.

Stock Price

2005HighLow

First Quarter$36.33$26.96

Second Quarter$38.60$33.14

Third Quarter$39.52$32.65

Fourth Quarter$40.72$35.62

2004HighLow

First Quarter$30.87$25.86

Second Quarter$29.03$23.48

Third Quarter$27.87$23.21

Fourth Quarter$28.54$25.51

H o s p i t a l L o c a t i o n s a s o f D e c e m b e r 3 1 , 2 0 0 5

AlabamaHartselle Medical Center, Hartselle L.V. Stabler Memorial Hospital, Greenville Parkway Medical Center, DecaturSouth Baldwin Regional Medical Center, FoleyWoodland Medical Center, Cullman

ArizonaPayson Regional Medical Center, PaysonWestern Arizona Regional Medical Center,

Bullhead City

ArkansasHarris Hospital, NewportHelena Regional Medical Center, Helena

CaliforniaBarstow Community Hospital, BarstowFallbrook Hospital, FallbrookWatsonville Community Hospital, Watsonville

FloridaLake Wales Medical Center, Lake WalesNorth Okaloosa Medical Center, Crestview

GeorgiaFannin Regional Hospital, Blue Ridge

IllinoisCrossroads Community Hospital, Mt. VernonGalesburg Cottage Hospital, GalesburgGateway Regional Medical Center, Granite CityHeartland Regional Medical Center, MarionRed Bud Regional Hospital, Red Bud

KentuckyKentucky River Medical Center, JacksonParkway Regional Hospital, FultonThree Rivers Medical Center, Louisa

LouisianaByrd Regional Hospital, LeesvilleRiver West Medical Center, Plaquemine

MissouriMoberly Regional Medical Center, MoberlyNortheast Regional Medical Center, Kirksville

New JerseyMemorial Hospital of Salem County, Salem

New MexicoAlta Vista Regional Hospital, Las VegasEastern New Mexico Medical Center, RoswellMimbres Memorial Hospital, Deming

North CarolinaMartin General Hospital, Williamston

PennsylvaniaBerwick Hospital, BerwickBrandywine Hospital, CoatesvilleChestnut Hill Hospital, PhiladelphiaEaston Hospital, EastonJennersville Regional Hospital, West GroveLock Haven Hospital, Lock HavenPhoenixville Hospital, PhoenixvillePottstown Memorial Medical Center, Pottstown Sunbury Community Hospital, Sunbury

South CarolinaChesterfield General Hospital, CherawMarlboro Park Hospital, BennettsvilleSprings Memorial Hospital, Lancaster

TennesseeBedford County Medical Center, ShelbyvilleBradley Memorial Hospital, ClevelandCleveland Community Hospital, ClevelandDyersburg Regional Medical Center, DyersburgHaywood Park Community Hospital,

BrownsvilleHenderson County Community Hospital,

LexingtonLakeway Regional Hospital, MorristownMcNairy Regional Hospital, SelmerMcKenzie Regional Hospital, McKenzieRegional Hospital of Jackson, Jackson Volunteer Community Hospital, MartinWhite County Community Hospital, Sparta

TexasBig Bend Regional Medical Center, AlpineCleveland Regional Medical Center, ClevelandHill Regional Hospital, HillsboroLake Granbury Medical Center, GranburyLaredo Medical Center, LaredoScenic Mountain Medical Center, Big SpringSouth Texas Regional Medical Center,

Jourdanton

UtahMountain West Medical Center, Tooele

VirginiaRussell County Medical Center, LebanonSouthampton Memorial Hospital, FranklinSouthern Virginia Regional Medical Center,

EmporiaSouthside Regional Medical Center, Petersburg

West VirginiaPlateau Medical Center, Oak Hill

WyomingEvanston Regional Hospital, Evanston

C o r p o r a t e I n f o r m a t i o n / C o m m u n i t y H e a l t h S y s t e m s , I n c .

Corporate OfficeCommunity Health Systems, Inc.7100 Commerce Way, Suite 100Brentwood, Tennessee 37027(615) 465-7000www.chs.net

Form 10-K/Investor ContactA copy of the Companys AnnualReport on Form 10-K, filed withthe Securities and ExchangeCommission, may be obtainedfrom the Company at no charge.Requests for the Annual Report onForm 10-K and other investorinformation should be directed toInvestor Relations at theCompanys corporate office or atwww.chs.net.

Registrar and Transfer AgentMellon Investor Services LLC480 Washington Boulevard 29th Floor Jersey City, New Jersey 07310(201) 680-5287

Independent RegisteredPublic Accounting FirmDeloitte & Touche LLPNashville, Tennessee

Annual Shareholders MeetingThe annual meeting of shareholderswill be held on Tuesday, May 23,2006, at 8:00 a.m. local time atThe St. Regis Hotel, La Maisonette I,2 East 55th Street, New York, New York.

Common Stock InformationThe Companys common stocktrades on the New York StockExchange under the symbol CYH.As of March 31, 2006,Community Health Systems hadapproximately 42,400 beneficialholders of its common stock. Ofthat total, 56 were stockholders ofrecord. To date, the Company hasnot paid cash dividends on itscommon stock.

The following table sets forth thehigh and low sales priceinformation as reported by theNew York Stock Exchange duringthe period indicated.

Stock Price2005 High LowFirst Quarter $36.33 $26.96Second Quarter $38.60 $33.14Third Quarter $39.52 $32.65Fourth Quarter $40.72 $35.62

2004 High LowFirst Quarter $30.87 $25.86Second Quarter $29.03 $23.48Third Quarter $27.87 $23.21Fourth Quarter $28.54 $25.51

H o s p i t a l L o c a t i o n s a s o f D e c e m b e r 3 1 , 2 0 0 5

AlabamaHartselle Medical Center, Hartselle L.V. Stabler Memorial Hospital, Greenville Parkway Medical Center, DecaturSouth Baldwin Regional Medical Center, FoleyWoodland Medical Center, Cullman

ArizonaPayson Regional Medical Center, PaysonWestern Arizona Regional Medical Center,

Bullhead City

ArkansasHarris Hospital, NewportHelena Regional Medical Center, Helena

CaliforniaBarstow Community Hospital, BarstowFallbrook Hospital, FallbrookWatsonville Community Hospital, Watsonville

FloridaLake Wales Medical Center, Lake WalesNorth Okaloosa Medical Center, Crestview

GeorgiaFannin Regional Hospital, Blue Ridge

IllinoisCrossroads Community Hospital, Mt. VernonGalesburg Cottage Hospital, GalesburgGateway Regional Medical Center, Granite CityHeartland Regional Medical Center, MarionRed Bud Regional Hospital, Red Bud

KentuckyKentucky River Medical Center, JacksonParkway Regional Hospital, FultonThree Rivers Medical Center, Louisa

LouisianaByrd Regional Hospital, LeesvilleRiver West Medical Center, Plaquemine

MissouriMoberly Regional Medical Center, MoberlyNortheast Regional Medical Center, Kirksville

New JerseyMemorial Hospital of Salem County, Salem

New MexicoAlta Vista Regional Hospital, Las VegasEastern New Mexico Medical Center, RoswellMimbres Memorial Hospital, Deming

North CarolinaMartin General Hospital, Williamston

PennsylvaniaBerwick Hospital, BerwickBrandywine Hospital, CoatesvilleChestnut Hill Hospital, PhiladelphiaEaston Hospital, EastonJennersville Regional Hospital, West GroveLock Haven Hospital, Lock HavenPhoenixville Hospital, PhoenixvillePottstown Memorial Medical Center, Pottstown Sunbury Community Hospital, Sunbury

South CarolinaChesterfield General Hospital, CherawMarlboro Park Hospital, BennettsvilleSprings Memorial Hospital, Lancaster

TennesseeBedford County Medical Center, ShelbyvilleBradley Memorial Hospital, ClevelandCleveland Community Hospital, ClevelandDyersburg Regional Medical Center, DyersburgHaywood Park Community Hospital,

BrownsvilleHenderson County Community Hospital,

LexingtonLakeway Regional Hospital, MorristownMcNairy Regional Hospital, SelmerMcKenzie Regional Hospital, McKenzieRegional Hospital of Jackson, Jackson Volunteer Community Hospital, MartinWhite County Community Hospital, Sparta

TexasBig Bend Regional Medical Center, AlpineCleveland Regional Medical Center, ClevelandHill Regional Hospital, HillsboroLake Granbury Medical Center, GranburyLaredo Medical Center, LaredoScenic Mountain Medical Center, Big SpringSouth Texas Regional Medical Center,

Jourdanton

UtahMountain West Medical Center, Tooele

VirginiaRussell County Medical Center, LebanonSouthampton Memorial Hospital, FranklinSouthern Virginia Regional Medical Center,

EmporiaSouthside Regional Medical Center, Petersburg

West VirginiaPlateau Medical Center, Oak Hill

WyomingEvanston Regional Hospital, Evanston

C o r p o r a t e I n f o r m a t i o n / C o m m u n i t y H e a l t h S y s t e m s , I n c .

Corporate OfficeCommunity Health Systems, Inc.7100 Commerce Way, Suite 100Brentwood, Tennessee 37027(615) 465-7000www.chs.net

Form 10-K/Investor ContactA copy of the Companys AnnualReport on Form 10-K, filed withthe Securities and ExchangeCommission, may be obtainedfrom the Company at no charge.Requests for the Annual Report onForm 10-K and other investorinformation should be directed toInvestor Relations at theCompanys corporate office or atwww.chs.net.

Registrar and Transfer AgentMellon Investor Services LLC480 Washington Boulevard 29th Floor Jersey City, New Jersey 07310(201) 680-5287

Independent RegisteredPublic Accounting FirmDeloitte & Touche LLPNashville, Tennessee

Annual Shareholders MeetingThe annual meeting of shareholderswill be held on Tuesday, May 23,2006, at 8:00 a.m. local time atThe St. Regis Hotel, La Maisonette I,2 East 55th Street, New York, New York.

Common Stock InformationThe Companys common stocktrades on the New York StockExchange under the symbol CYH.As of March 31, 2006,Community Health Systems hadapproximately 42,400 beneficialholders of its common stock. Ofthat total, 56 were stockholders ofrecord. To date, the Company hasnot paid cash dividends on itscommon stock.

The following table sets forth thehigh and low sales priceinformation as reported by theNew York Stock Exchange duringthe period indicated.

Stock Price2005 High LowFirst Quarter $36.33 $26.96Second Quarter $38.60 $33.14Third Quarter $39.52 $32.65Fourth Quarter $40.72 $35.62

2004 High LowFirst Quarter $30.87 $25.86Second Quarter $29.03 $23.48Third Quarter $27.87 $23.21Fourth...