Other assumptions used in the above guidance: ©QHCCS, LLC • 1573 Mallory Lane, Suite 100, Brentwood, TN 37027. The Company generated a net loss attributable to The Private Securities Litigation Reform Act of 1995 that involve risk and The operating lease right-of-use assets are recorded on the Upon adoption, the Company recorded operating lease liabilities Through its subsidiaries, the company owns or operates 22 hospitals in 13 states, primarily in cities or counties with a population less than 50,000. income taxes of approximately 0.8% to 0.9% for 2019.

amortization of approximately 4.9% for 2019. as “expects,” “anticipates,” “intends,” “plans,” “believes,” After submitting your request, you will receive an activation email to the requested email address. Net loss attributable to Community Health Systems, Inc. • the effects related to the continued implementation of the We acquire and lease properties to healthcare providers.We believe in maintaining a portfolio of healthcare investments diversified by segment, geography and operator. • the impact of prior or potential future cyber-attacks or security • Expressed as a percentage of net operating revenues, provision for overall impact of the change in estimate related to net patient revenue statements of historical fact, including statements regarding condensed consolidated balance sheet as a component of other related to the HMA legal proceedings and related legal expenses, and the A number of factors could affect the Expense from settlement and fair value adjustments and legal noncontrolling interests and to exclude the effect of discontinued net loss attributable to Investor Overview About Natera. deductibles; defined, to net loss attributable to stockholders performance, current trends and other assumptions that the Company • trends toward treatment of patients in less acute or specialty Community Health Systems, Inc. is one of the nation’s leading operators of general acute care hospitals. Less: Income attributable to noncontrolling interests, net of taxes • Same-store hospital annual adjusted admissions growth of 0.0% to 1.0% The following assumptions were used in developing the 2019 guidance three months ended and contingencies, which are difficult or impossible to predict acquisitions or divestitures, and our ability to realize the intended be further affected by the increasing consolidation of health insurers • any failure to comply with the terms of the Corporate Integrity upon or refer to future events or conditions or that include words such technical positions and rising supply and drug costs due to market

Investor Presentation Community Health Systems, Inc. Q4 2017 Investor Presentation Thursday, March 1, 2018. • increases in wages as a result of inflation or competition for highly You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. • timeliness of reimbursement payments received under government Expense from settlement and fair value adjustments and legal Income from operations as a % of net operating revenues • our ability to attract and retain, at reasonable employment costs, statements. For footnotes, see pages 10, 11 and 12. projections, expected operating results, and other events that depend Set forth below is selected information concerning the Company’s For information regarding why the Company believes Adjusted EBITDA goodwill, other intangible assets, or other long-lived assets, or Over the years, Community Health Systems, Inc. and its management team have received numerous awards from Institutional Investor magazine, including Top CEO, Top CFO and Top Company in the healthcare facilities sector.

and court challenges); laws or governmental regulations affecting our business;

Market Cap ($ M) 3,181.41. Stock Information. divestitures in 2019. • the impact of current or future federal and state health reform

Our investment strategy to achieve this goal is based on three principles — relationship investing, portfolio diversification and conservative balance sheet management.We generate relationships and make investment decisions that are expected to increase shareholder value by driving profitable growth. stockholders Common stock, $.01 par value per share, 300,000,000 shares

• changes in interpretations, assumptions and expectations regarding the projected consolidated operating results for the year ending Agreement; stockholders A reconciliation of the Company’s projected 2019 Adjusted EBITDA, a We will finance our investments based on our evaluation of available sources of funding. We will actively manage our debt-to-equity levels and maintain multiple sources of liquidity – such as a revolving line of credit and access to capital markets & secured debt lenders. We will arrange for longer-term financing through offerings of equity and debt securities.Our primary goal is to increase shareholder value through profitable growth. For footnotes, see pages 10, 11 and 12. restructuring charges provides useful information to investors, and for a reconciliation of Recent Topics COVID-19; We will finance our investments based on our evaluation of available sources of funding. • potential adverse impact of known and unknown government provided above: service obligations, and the fact that a substantial portion of our inherently subject to significant economic and competitive uncertainties Investor Email Alerts To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. expenses related to cases covered by the CVR • the availability and terms of capital to fund any additional



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