# EDGAR Filing Document

**Accession Number:** 0001108109
**File Stem:** 0001019056-23-000117
**Filing Date:** 2023-2
**Character Count:** 19340
**Document Hash:** 96f35204c85c35c2effc37c5d586dedd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001019056-23-000117.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001019056-23-000117

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**GROUP MEMBERS**: EVERSEPT 1 LLC

**GROUP MEMBERS**: EVERSEPT GLOBAL HEALTHCARE FUND, L.P.

**GROUP MEMBERS**: EVERSEPT GP, LLC

**GROUP MEMBERS**: EVERSEPT PARTNERS, LP

**GROUP MEMBERS**: KAMRAN MOGHTADERI

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COMMUNITY HEALTH SYSTEMS INC
- **CENTRAL INDEX KEY:** 0001108109
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-GENERAL MEDICAL & SURGICAL HOSPITALS, NEC [8062]
- **IRS NUMBER:** 133893191
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-60181
- **FILM NUMBER:** 23608467

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 MERIDIAN BOULEVARD
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067
- **BUSINESS PHONE:** 615-465-7000

**MAIL ADDRESS:**
- **STREET 1:** 4000 MERIDIAN BOULEVARD
- **CITY:** FRANKLIN
- **STATE:** TN
- **ZIP:** 37067

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMMUNITY HEALTH SYSTEMS INC/
- **DATE OF NAME CHANGE:** 20000229
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eversept Partners, LP
- **CENTRAL INDEX KEY:** 0001697013
- **IRS NUMBER:** 475115829
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 444 MADISON AVENUE
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-271-4200

**MAIL ADDRESS:**
- **STREET 1:** 444 MADISON AVENUE
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Eversept Partners, L.P.
- **DATE OF NAME CHANGE:** 20180628

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Eversept Partners, LLC
- **DATE OF NAME CHANGE:** 20170202

**UNITED STATES**<br> **SECURITIES AND EXCHANGE COMMISSION**<br> **Washington, D.C. 20549**

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 1)\***

Community Health Systems, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

203668108

(CUSIP Number)

Kamran Moghtaderi, Eversept Partners, L.P., 444 Madison Avenue, 22<sup>nd</sup> Floor, New York, NY 10022, 212-271-4211

(Name, Address and Telephone Number of Person<br> Authorized to Receive Notices and Communications)

January 31, 2023

(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:<br> □ Rule 13d-1(b)<br> ⌧ Rule 13d-1(c)<br> □ Rule 13d-1(d)

<sup>\*</sup> The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

<br> CUSIP No. 203668108 13G Page 2 of 10 Pages

1. NAMES
 OF REPORTING PERSONS<br>
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>
 Eversept Partners, L.P. 47-5115829

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>
 (see instructions)<br>
 (a) □ <br>
 (b) ⌧

3. SEC USE
 ONLY<br>

4. CITIZENSHIP
 OR PLACE OF ORGANIZATION<br>
 Delaware

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. | SHARED VOTING POWER<br>240,878\* |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE DISPOSITIVE POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. | SHARED DISPOSITIVE POWER<br>240,878\* |

---

9. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>
 9,015,629

10. CHECK
 IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>
 (see instructions) □

11. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <br>
 6.7%\*\*

12. TYPE OF
 REPORTING PERSON (see instructions) <br>
 IA

**\*See Item 4 of the Schedule 13G**

<br> CUSIP No. 203668108 13G Page 3 of 10 Pages

1. NAMES
 OF REPORTING PERSONS<br>
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>
 Eversept GP, LLC 27-4616328

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>
 (see instructions)<br>
 (a) □ <br>
 (b) ⌧

3. SEC USE
 ONLY<br>

4. CITIZENSHIP
 OR PLACE OF ORGANIZATION<br>
 Delaware

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER<br>7,146,780 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. | SHARED VOTING POWER<br>0 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE DISPOSITIVE POWER<br>7,146,780 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. | SHARED DISPOSITIVE POWER<br>0 |

---

9. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>
 7,146,780

10. CHECK
 IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>
 (see instructions) □

11. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <br>
 5.3%

12. TYPE OF
 REPORTING PERSON (see instructions) <br>
 OO

**\*See Item 4 of the Schedule 13G**

<br> CUSIP No. 203668108 13G Page 4 of 10 Pages

1. NAMES
 OF REPORTING PERSONS<br>
 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>
 Eversept Global Healthcare Fund, L.P. 27-4616673

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>
 (see instructions)<br>
 (a) □ <br>
 (b) ⌧

3. SEC USE
 ONLY<br>

4. CITIZENSHIP
 OR PLACE OF ORGANIZATION<br>
 Delaware

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER<br>7,146,780 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. | SHARED VOTING POWER<br>0 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE DISPOSITIVE POWER<br>7,146,780 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. | SHARED DISPOSITIVE POWER<br>0 |

---

9. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>
 7,146,780

10. CHECK
 IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>
 (see instructions) □

11. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <br>
 5.3%

12. TYPE OF
 REPORTING PERSON (see instructions) <br>
 PN

**\*See Item 4 of the Schedule 13G**

<br> CUSIP No. 203668108 13G Page 5 of 10 Pages

1. NAMES
 OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>
 <br> Eversept 1 LLC 81-4423039

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>
 (see instructions)<br>
 (a) □ <br>
 (b) ⌧

3. SEC USE
 ONLY<br>

4. CITIZENSHIP
 OR PLACE OF ORGANIZATION<br>
 Delaware

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. | SHARED VOTING POWER<br>240,878\* |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE DISPOSITIVE POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. | SHARED DISPOSITIVE POWER<br>240,878\* |

---

9. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>
 9,015,629

10. CHECK
 IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>
 (see instructions) □

11. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <br>
 6.7%\*\*

12. TYPE OF
 REPORTING PERSON (see instructions) <br>
 HC

**\*See Item 4 of the Schedule 13G**

<br> CUSIP No. 203668108 13G Page 6 of 10 Pages

1. NAMES
 OF REPORTING PERSONS<br> I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)<br>
 <br> Kamran Moghtaderi

2. CHECK
 THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br>
 (see instructions)<br>
 (a) □ <br>
 (b) ⌧

3. SEC USE
 ONLY<br>

4. CITIZENSHIP
 OR PLACE OF ORGANIZATION<br>
 Delaware

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5. | SOLE VOTING POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 6. | SHARED VOTING POWER<br>240,878\* |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7. | SOLE DISPOSITIVE POWER<br>8,774,751 |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 8. | SHARED DISPOSITIVE POWER<br>240,878\* |

---

9. AGGREGATE
 AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON <br>
 9,015,629

10. CHECK
 IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br>
 (see instructions) □

11. PERCENT
 OF CLASS REPRESENTED BY AMOUNT IN ROW (9) <br>
 6.7%\*\*

12. TYPE OF
 REPORTING PERSON (see instructions) <br>
 IN, HC

**\*See Item 4 of the Schedule 13G**

<br> CUSIP No. 203668108 13G Page 7 of 10 Pages

**Item 1.**

(a) Name of Issuer<br>
 Community Health Systems, Inc.

(b) Address of Issuer's Principal Executive Offices<br> 4000 Meridian Boulevard Franklin, TN 37067

**Item 2.**

(a) Name
 of Person Filing <br> This statement is jointly filed by and on behalf of Eversept Partners,
L.P., a Delaware limited partnership (the "  ***Investment Manager*** "), Eversept GP, LLC, a Delaware limited liability
company (the "  ***Fund GP*** "), Eversept Global Healthcare Fund, L.P., a Delaware limited partnership (the "  ***Fund*** "),
Eversept 1 LLC, a Delaware limited liability company (the "  ***IM GP***") and Kamran Moghtaderi (collectively referred
herein as "  ***Reporting Persons*** "). The Fund GP is the general partner of the Fund, and may be deemed to indirectly
beneficially own securities owned by the Fund. The Investment Manager is the investment manager of advisory clients, and may be deemed
to indirectly beneficially own securities owned by its advisory clients (including the Fund). The IM GP is the general partner of the
Investment Manager and may be deemed to indirectly beneficially own securities owned by the Investment Manager. Mr. Moghtaderi is
the sole manager of, and may be deemed to beneficially own securities beneficially owned by the Fund GP or the IM GP. Eversept's
advisory clients (including the Fund) are the record and direct beneficial owners of the securities covered by this statement. Each Reporting Person declares that neither the filing of this statement
nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act
or any other purpose, the beneficial owner of any securities covered by this statement. Each Reporting Person may be deemed to be a member of a group with
respect to the issuer or securities of the issuer for the purpose of Section 13(d) or 13(g) of the Act. Each of the Reporting Persons
declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the
purpose of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together
with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing
of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group
with respect to the issuer or any securities of the issuer.

(b) Address of the Principal Office or, if
 none, residence<br>
 The address of the principal business office of each of the Reporting Persons is c/o Eversept Partners, L.P., 444 Madison
 Avenue, 22<sup>nd</sup> Floor, New York, NY 10022.

(c) Citizenship<br>
 See Item 4 on the cover page hereto.

(d) Title of Class of Securities<br>
 Common Stock, par value $0.01 per share

(e) CUSIP Number<br>
 203668108

<br> CUSIP No. 203668108 13G Page 8 of 10 Pages

**Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) □ Broker or
 dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) □ Bank as defined
 in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) □ Insurance
 company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) □ Investment
 company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) □ An investment
 adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f) □ An employee
 benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g) □ A parent
 holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h) □ A savings
 associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) □ A church
 plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of
 1940 (15 U.S.C. 80a-3);

(j) □ Group, in
 accordance with §240.13d-1(b)(1)(ii)(J).

**Item 4. Ownership.**

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

---

| | |
|:---|:---|
| (a) | Amount beneficially owned: 9,015,629 |
| (b) | Percent of class: 6.7%\*\* |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote 8,774,751 |
| (ii) | Shared power to vote or to direct the vote 240,878\* |
| (iii) | Sole power to dispose or to direct the disposition of 8,774,751 |
| (iv) | Shared power to dispose or to direct the disposition of 240,878\* |
|  | **\* Note: As of the close of business on February 2, 2023, Eversept Partners, L.P. ("Eversept") and its controlling persons beneficially owned 9,015,629 Shares, including 240,878 Shares held in Eversept's Managed Accounts. As of the close of business on December 31, 2022, Eversept and its controlling persons beneficially owned 2,318,023 Shares (inclusive of Shares underlying call options), including 253,047 Shares held in Eversept's Managed Accounts.** |
|  | **\*\* Note: As of the close of business on February 2, 2023, Eversept and its controlling persons are the beneficial owners of 6.7% of the outstanding Shares, based on 134,716,179 shares of Common Stock of the Issuer outstanding as of October 20, 2022, as reported in the Issuer's Form 10-Q filed on October 27, 2022. As of December 31, 2022, Eversept and its controlling persons were the beneficial owners of approximately 1.7% of the outstanding Shares (inclusive of Shares underlying call options), including 0.2% of the outstanding Shares held in Eversept's Managed Accounts.** |

---

*Instruction*. For computations regarding securities which represent a right to acquire an underlying security *see* §240.13d-3(d)(1).

<br> CUSIP No. 203668108 13G Page 9 of 10 Pages

**Item 5. Ownership of Five Percent or Less of a Class.**

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following □.

*Instruction*. Dissolution of a group requires a response to this item.

**Item 6. Ownership of More than Five Percent on Behalf of Another Person.**

Not applicable.

**Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.**

Not applicable.

**Item 8. Identification and Classification of Members of the Group.**

Not applicable.

**Item 9. Notice of Dissolution of Group.**

Not applicable.

**Item 10. Certification.**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

**<u>Exhibits</u>**

Exhibit A - Joint Filing Agreement

<br> CUSIP No. 203668108 13G Page 10 of 10 Pages

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| 02/10/2023 | 02/10/2023 |
| Date | Date |
| **EVERSEPT PARTNERS, L.P.** | **EVERSEPT PARTNERS, L.P.** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Principal |
| **EVERSEPT GP, LLC** | **EVERSEPT GP, LLC** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **EVERSEPT GLOBAL HEALTHCARE FUND, LP** | **EVERSEPT GLOBAL HEALTHCARE FUND, LP** |
| By: | Eversept GP, LLC |
| Its: | General Partner |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **EVERSEPT 1 LLC** | **EVERSEPT 1 LLC** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **KAMRAN MOGHTADERI** | **KAMRAN MOGHTADERI** |
| /s/ Kamran Moghtaderi | /s/ Kamran Moghtaderi |

---

## Ex-99.A

**Exhibit A**

AGREEMENT REGARDING JOINT FILING

OF STATEMENT ON SCHEDULE 13D OR 13G

The undersigned agree to file jointly with the Securities and Exchange Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G (and any amendments or supplements thereto) required under section 13(d) of the Securities Exchange Act of 1934, as amended, in connection with purchases by the undersigned of the securities of any issuer. For that purpose, each of the undersigned hereby constitutes and appoints Eversept Partners, L.P., a Delaware limited partnership, as its true and lawful agent and attorney-in-fact, with full power and authority for and on behalf of the undersigned to prepare or cause to be prepared, sign, file with the SEC and furnish to any other person all certificates, instruments, agreements and documents necessary to comply with section 13(d) and section 16(a) of the Securities Exchange Act of 1934, as amended, in connection with said purchases, and to do and perform every act necessary and proper to be done incident to the exercise of the foregoing power, as fully as the undersigned might or could do if personally present.

Date: February 10, 2023

---

| | |
|:---|:---|
| **EVERSEPT PARTNERS, L.P.** | **EVERSEPT PARTNERS, L.P.** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Principal |
| **EVERSEPT GP, LLC** | **EVERSEPT GP, LLC** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **EVERSEPT GLOBAL HEALTHCARE FUND, LP** | **EVERSEPT GLOBAL HEALTHCARE FUND, LP** |
| By: | Eversept GP, LLC |
| Its: | General Partner |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **EVERSEPT 1 LLC** | **EVERSEPT 1 LLC** |
| By: | /s/ Kamran Moghtaderi |
|  | Managing Member |
| **KAMRAN MOGHTADERI** | **KAMRAN MOGHTADERI** |
| /s/ Kamran Moghtaderi | /s/ Kamran Moghtaderi |

---