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How Community Health Systems (CYH) makes money

Community Health Systems (CYH) made $2.8B of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Managed Care and Other Third Party Payors brought in $1.3B (46%); Medicare Managed Care brought in $524M (19%); Medicare brought in $469M (17%).

Drawing the Sankey…

Community Health Systems revenue by segment, Q3 2026Community Health Systems revenue by segment, Q3 2026Managed Care and Other Third Part…$1.3BMedicare Managed Care$524MMedicare$469MMedicaid$447MSelf Pay Revenue$48.0M
Community Health Systems: revenue by line, Q1 2025 to Q3 2026Community Health Systems: revenue by line, Q1 2025 to Q3 2026Managed Care and Othe…Medicare Managed CareMedicareMedicaidSelf Pay RevenueManaged Care and Other Third Party Payors: $1.3B latest$1.3BMedicare Managed Care: $524M latest$524MMedicare: $469M latest$469MMedicaid: $447M latest$447MSelf Pay Revenue: $48.0M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Community Health Systems revenue by quarterCommunity Health Systems revenue by quarter$3.2BQ1 2025$3.1BQ2 2025$3.1BQ3 2025$3.1BQ4 2025$3.0BQ1 2026$2.8BQ2 2026$2.8BQ3 2026
Community Health Systems: where each dollar of revenue goesCommunity Health Systems: where each dollar of revenue goesOperating cash flow6¢Free cash flow2¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Managed Care and Other Third Party Payors$1.3B46.0%-2%-15%
Medicare Managed Care$524M19.0%-0.6%-1%
Medicare$469M17.0%+5%-11%
Medicaid$447M16.2%-14%-11%
Self Pay Revenue$48.0M1.7%+23%+100%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$2.8B100.0%
Operating cash flow$154M5.6%
Free cash flow$67.0M2.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$2.8B-11%
Q2 2026$2.8B-10%
Q1 2026$3.0B-6%
Q4 2025$3.1B-5%
Q3 2025$3.1B-0.1%
Q2 2025$3.1B-0.2%
Q1 2025$3.2B+0.6%

From Community Health Systems' 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Community Health Systems make money?

Community Health Systems (CYH) made $2.8B of revenue in the third quarter 2026 (Q3 2026), -11% from a year earlier. Managed Care and Other Third Party Payors brought in $1.3B (46%); Medicare Managed Care brought in $524M (19%); Medicare brought in $469M (17%).

What is Community Health Systems' biggest business?

Managed Care and Other Third Party Payors: $1.3B in the third quarter 2026, 46% of revenue, -15% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.