Community Health Systems, Inc. reported net operating revenues of $3.265 billion for the fourth quarter ended December 31, 2024, a 2.6% increase compared to the same period in 2023. Same-store net operating revenues increased by 6.5%, driven by higher same-store volumes, increased reimbursement rates, and favorable payer mix.
For Q4 2024, the company reported a net loss attributable to stockholders of $(70) million, or $(0.53) per diluted share, compared to net income of $46 million in the prior year. Adjusted EBITDA for the quarter increased to $428 million from $386 million in Q4 2023, benefiting from reduced contract labor expenses and supplemental reimbursement programs.
For the full year 2024, net operating revenues totaled $12.634 billion, a 1.2% increase from 2023, with same-store net operating revenues up 5.5%. The full-year net loss attributable to stockholders was $(516) million, or $(3.90) per diluted share, while Adjusted EBITDA reached $1.540 billion. The company also provided its annual earnings guidance for 2025, reflecting its outlook for the upcoming year.
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