Community Health Systems still vying for profitability in Q2

Community Health Systems is still working to get back in the black amid a challenging operating environment.

On Wednesday afternoon, the for-profit system reported a net loss of $38 million, or 29 cents per diluted share, in the second quarter. It was, however, a significant improvement over the year-ago period’s $326 million net loss, or $2.52 per share. The Franklin, Tennessee-based company said results were driven by higher inpatient and…