Glenview Capital Reports 8.4% Ownership in Community Health Systems

Larry Robbins’ Glenview Capital now owns a 8.39% stake in Community Health Systems (NYSE:CYH). The stake of 7,649,773 is worth approximately $230 million.  Prior to this filing, Glenview Capital owned 1.79% of Community Health Systems (NYSE:CYH), or 1,633,151 shares, as the hedge fund reported on its 13F for the third quarter of 2012. Based in Franklin Tennessee, Community Health Systems (NYSE:CYH) is an operator of hospitals. Community Health Systems (NYSE:CYH) filed its quarterly statement on form 10-Q for the third quarter on November 1, 2012, some highlights from the quarterly earnings below: Same-facility adjusted EBITDA increased 3.9% to $481 million and margins were flat y/y and q/q at 15.7%; however,…