COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES COMPLETION OF OFFERING OF $2.2 BILLION OF 6.250% SENIOR SECURED NOTES DUE 2023 FRANKLIN, Tenn. (

COMMUNITY HEALTH SYSTEMS, INC. ANNOUNCES COMPLETION OF

OFFERING OF $2.2 BILLION OF 6.250% SENIOR SECURED NOTES DUE 2023

FRANKLIN, Tenn. (March 16, 2017) Community Health Systems, Inc. (NYSE: CYH) (the Company ) today announced that its wholly owned

subsidiary, CHS/Community Health Systems, Inc. (the Issuer ), had completed its offering (the offering ) of $2.2 billion aggregate principal amount of its 6.250% Senior Secured Notes due 2023.

As previously announced, the Company intends to use the net proceeds of the offering to purchase any and all of the Issuer s 5.125% Senior Secured Notes

due 2018 (the 2018 Notes ) that are validly tendered and not validly withdrawn in the cash tender offer announced on March 2, 2017, to redeem all of the 2018 Notes that are not purchased pursuant to the tender offer, to repay $1.445

billion aggregate principal amount of certain term loans outstanding under its amended and restated credit facility, to pay related fees and expenses and the remainder, if any, for general corporate purposes.

The underwriters in connection with the offering were Credit Suisse Securities (USA) LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated,

Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Goldman, Sachs & Co., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SunTrust Robinson Humphrey, Inc., UBS Securities LLC, Wells Fargo Securities, LLC, BBVA

Securities Inc., Deutsche Bank Securities Inc., Fifth Third Securities, Inc., Morgan Stanley & Co. LLC, Regions Securities LLC and Scotia Capital (USA) Inc. The offering was made only by means of a prospectus and related prospectus

supplement, copies of which may be obtained on the Securities and Exchange Commission s website at www.sec.gov. Alternatively, these documents may be obtained from Credit Suisse Securities (USA) LLC by directing a request to Credit Suisse

Securities (USA) LLC, Document Retention, 11 Madison Avenue, New York, NY 10010, or by calling (800) 221-1037 (toll-free).

This press release is

neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. Such an offer can only be made by

delivery of a prospectus and prospectus supplement, if applicable, that have been filed with the Securities and Exchange Commission.

Health Systems, Inc.

Community Health Systems, Inc. is one of the largest publicly traded hospital companies in the United States and a leading

operator of general acute care hospitals in communities across the country. The Company, through its subsidiaries, owns, leases or operates 158 hospitals in 22 states with an aggregate of approximately 26,000 licensed beds.

The Company s headquarters are located in Franklin, Tennessee, a suburb south of Nashville. Shares in Community Health Systems, Inc. are traded on the

New York Stock Exchange under the symbol CYH.

CYH Announces Completion of Offering of $2.2 Billion of 6.250% Senior Secured Notes Due 2023

Forward-Looking Statements

Statements contained in this

press release regarding the proposed transactions and other events are forward-looking statements that involve risk and uncertainties. Actual future events or results may differ materially from these statements. Readers are referred to the documents

filed by Community Health Systems, Inc. with the Securities and Exchange Commission, including the Company s annual report on Form 10-K, current reports on Form 8-K and quarterly reports on Form 10-Q. These filings identify important risk

factors and other uncertainties that could cause actual results to differ from those contained in the forward-looking statements. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other

forward-looking statements, whether as a result of new information, future events or otherwise.

W. Larry Cash, 615-465-7000

President of Financial Services and

Chief Financial Officer

Ross W. Comeaux, 615-465-7012

Senior Director Investor Relations

Tomi Galin, 615-628-6607

Senior Vice President,

Corporate Communications, Marketing and Public Affairs