Law Offices of Howard G. Smith Announces Investigation on Behalf of Shareholders of Community Health Systems, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against Community Health Systems, Inc. (“CYH” or the “Company”) (NYSE:CYH) concerning possible breaches of fiduciary duties by the Company or its fiduciaries. CYH provides healthcare services through the operation of hospitals in the United States.

The investigation concerns allegations that the Company misrepresented its compliance with Medicare regulations and, as a result, publicly reported revenues, profits, and earnings growth that were artificially inflated. On April 11, 2011, Tenet Health Corporation (“Tenet”) filed a Form 8-K report with the Securities Exchange Commission that disclosed the results of Tenet’s own investigation into CYH’s admission practices. According to Tenet, CYH had been improperly admitting patients for at least ten years on an inpatient basis, when such patients actually should have been admitted on an outpatient observation basis, resulting in higher payments to CYH than it was entitled to receive from the Medicare agency.

If you purchased CYH stock and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to, or visit our website at


Law Offices of Howard G. Smith
Howard G. Smith, Esquire
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here