Community Health Systems (CYH) 8-K Results of Operations and Financial Condition

Exhibit Number
99.2

Regulation FD Disclosure

The following unaudited condensed consolidated statements of operations and selected operating data for Triad Hospitals, Inc., (“Triad”), are being provided to supplement the information that will be discussed on the Community Health Systems, Inc., conference call scheduled for July 31, 2007. Certain unaudited financial information relating to Triad for the three months and six months ended June 30, 2007, has not been and is not required to be filed by Triad with the SEC because on July 25, 2007, following the Community Health Systems’ acquisition of Triad, Triad filed with the Securities Exchange Commission (the “SEC”) a Form 15 — 12B which suspended Triad’s duty to file such information. This information has been prepared and reviewed by Triad’s senior management in place prior to that acquisition and had been prepared on a basis consistent with the December 31, 2006 audited financial statements of Triad.

Triad Hospitals, Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
(in thousands)

	For the Three Months Ended June 30,
	2007						2006
				% of						% of
	Amount			Revenue			Amount			Revenue
Revenues	$	1,485,176			100.0	%	$	1,378,067			100.0	%
Salaries and benefits, including share-based compensation expense of $7,900 and $6,900 for the three months ended June 30, 2007 and 2006		615,569			41.5	%		553,853			40.2	%
Reimbursable expenses		11,924			0.8	%		12,206			0.9	%
Supplies		251,507			16.9	%		234,538			17.0	%
Other operating expenses(a)		306,008			20.6	%		272,353			19.8	%
Provision for doubtful accounts		155,489			10.5	%		128,209			9.3	%
Depreciation		60,143			4.0	%		55,527			4.0	%
Amortization		1,895			0.1	%		2,109			0.2	%
Interest expense, net		23,813			1.6	%		23,773			1.7	%
ESOP expense		3,976			0.3	%		3,056			0.2	%
(Gain) loss on sales of assets		(55	)		0.0	%		(531	)		0.0	%
Total operating expenses		1,430,269			96.3	%		1,285,093			93.3	%
Income from continuing operations before minority interest, equity in earnings and income tax provision		54,907			3.7	%		92,974			6.7	%
Minority interest in earnings of consolidated entities		(5,991	)		-0.4	%		(5,106	)		-0.3	%
Equity in earnings of unconsolidated affiliates		9,481			0.6	%		9,790			0.7	%
Income from continuing operations before income tax provision		58,397			3.9	%		97,658			7.1	%
Income tax provision		(28,219	)		-1.9	%		(37,632	)		-2.7	%
Income from continuing operations		30,178			2.0	%		60,026			4.4	%
Income from discontinued operations, net of tax		212			0.0	%		51			0.0	%
Net income	$	30,390			2.0	%	$	60,077			4.4	%

Footnotes on page 3.

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Exhibit Number
99.2 Continued

Triad Hospitals, Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
(in thousands)

	For the Six Months Ended June 30,
	2007						2006
				% of						% of
	Amount			Revenue			Amount			Revenue
Revenues	$	2,975,910			100.0	%	$	2,747,265			100.0	%
Salaries and benefits, including share-based compensation expense of $16,000 and $13,700 for the six months ended June 30, 2007 and 2006		1,230,591			41.4	%		1,111,382			40.5	%
Reimbursable expenses		24,582			0.8	%		25,954			0.9	%
Supplies		505,762			17.0	%		471,750			17.2	%
Other operating expenses(a)		610,284			20.5	%		525,430			19.1	%
Provision for doubtful accounts		303,564			10.2	%		248,874			9.1	%
Depreciation		119,363			4.0	%		108,781			4.0	%
Amortization		3,876			0.1	%		3,597			0.1	%
Interest expense, net		48,225			1.6	%		47,414			1.7	%
ESOP expense		7,504			0.3	%		6,099			0.2	%
(Gain) loss on sales of assets		388			0.0	%		(614	)		0.0	%
Total operating expenses		2,854,139			95.9	%		2,548,667			92.8	%
Income from continuing operations before minority interest, equity in earnings and income tax provision		121,771			4.1	%		198,598			7.2	%
Minority interest in earnings of consolidated entities		(12,831	)		-0.4	%		(9,984	)		-0.4	%
Equity in earnings of unconsolidated affiliates		23,608			0.8	%		19,824			0.8	%
Income from continuing operations before income tax provision		132,548			4.5	%		208,438			7.6	%
Income tax provision		(60,710	)		-2.1	%		(80,552	)		-2.9	%
Income from continuing operations		71,838			2.4	%		127,886			4.7	%
Income (loss) from discontinued operations, net of tax		(384	)		0.0	%		15,279			0.5	%
Net income	$	71,454			2.4	%	$	143,165			5.2	%

Footnotes on page 3.

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Exhibit Number
99.2 Continued

Triad Hosptials, Inc.
Selected Operating Data
(Unaudited)
($ in thousands)

	For the Three Months Ended June 30,									For the Six Months Ended June 30,
	2007			2006			% Change			2007			2006			% Change
Consolidated Data:
Number of hospitals (at end of period)(b)		51			49						51			49
Admissions		87,843			85,818			2.4	%		179,717			174,344			3.1	%
Adjusted admissions		154,283			147,448			4.6	%		310,098			295,935			4.8	%
Adjusted EBITDA(a)(c)	$	154,160		$	186,698			-17.4	%	$	324,735		$	383,700			-15.4	%
Adjusted EBITDA as a % of revenues		10.4	%		13.5	%					10.9	%		14.0	%
Net cash provided by operating activities	$	111,536		$	36,700					$	215,779		$	132,900
Same-Store Data(d):
Revenue	$	1,443,345		$	1,378,067			4.8	%	$	2,823,977		$	2,680,332			5.4	%
Admissions		86,237			85,818			0.5	%		171,112			168,749			1.4	%
Adjusted admissions		150,241			147,448			1.9	%		292,337			285,523			2.4	%

(a)	Includes merger transaction costs of approximately $10,500 and $20,900 for the three months and six months ended June 30, 2007, respectively.
(b)	Number of hospitals excludes facilities designated as discontinued operations and facilities under construction. This table does not include any operating statistics for facilities designated as discontinued operations and non-consolidating joint ventures.
(c)	EBITDA consists of income from continuing operations before interest, taxes, and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted to exclude ESOP expense, (gain) loss of sales of assets, discontinued operations and minority interest in earnings. Adjusted EBITDA should not be considered as a measure of financial performance under generally accepted accounting principles, and the items excluded from adjusted EBITDA are significant components in understanding and assessing financial performance. Adjusted EBITDA should not be considered in isolation or as an alternative to net income, cash flows generated by operating, investing or financing activities or financial statement data presented in the consolidated financial statements as an indicator of financial performance or liquidity. Because adjusted EBITDA is not a measurement determined in accordance with generally accepted accounting principles and is thus susceptible to varying calculations, adjusted EBITDA as presented may not be comparable to other similarly titled measures of other companies.
(d)	Includes acquired hospitals to the extent Triad operated them during comparable periods in both years.

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