FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CASH W LARRY 		2. Issuer Name and Ticker or Trading Symbol

COMMUNITY HEALTH SYSTEMS INC [ CYH ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CFO
(Last)          (First)          (Middle)

4000 MERIDIAN BOULEVARD 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/24/2015
(Street)

FRANKLIN, TN 37067
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/24/2015     G   V 6200   (1) D $0.00   295601   D    
Common Stock   2/25/2015     M    200000   A $40.41   495601   D    
Common Stock   2/25/2015     S    195000   D $47.8236   (2) 300601   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy)   $40.41   2/25/2015     M         200000    7/25/2008   7/24/2015   Common Stock   200000   $0.00   0   D    
Stock Options (Right to Buy)   $32.28                    2/27/2009   2/26/2018   Common Stock   60000     60000   D    
Stock Options (Right to Buy)   $18.18                    2/25/2010   2/24/2019   Common Stock   20000     20000   D    
Stock Options (Right to Buy)   $33.90                    2/24/2011   2/23/2020   Common Stock   25000     25000   D    
Stock Options (Right to Buy)   $37.96                    2/23/2012   2/22/2021   Common Stock   25000     25000   D    
Stock Options (Right to Buy)   $21.07                    2/16/2013   2/15/2022   Common Stock   20000     20000   D    
Performance Based Restricted   $0.00                    3/1/2015   (3) 2/29/2024   Common Stock   75000     75000   D    
Performance Based Restricted   $0.00                    3/1/2015   (4) 2/29/2024   Common Stock   150000     150000   D    

Explanation of Responses:
( 1)  These shares were gifted to family members of Reporting Person who do not share Reporting Person's household.
( 2)  The shares were sold in a series of transactions at a weighted average price of $47.8236 per share.
( 3)  Each performance based restricted share represents a contingent right to receive one share of CYH common stock. There are two elements to the lapsing of the restriction; first, the Company must achieve specified targeted amount of earnings per share from continuing operations, or net revenue from continuing operations, and if the performance objective is met, the vesting restrictions will lapse in 1/3 increments on the first, second and third anniversary of the date of grant. If the objectives are not met, the shares will be forfeited.
( 4)  Each performance based restricted share represents a contingent right to receive one share of CYH common stock. The lapsing of the restrictions is dependent on the Company meeting certain cost savings ("synergies") from the Health Management Associates, Inc. merger transaction. The performance target may be met in part in the first year or in whole or in part over the first two years. There is also a time vesting element to the maximum targets of the award. If the objectives are not met, the shares will be forfeited.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CASH W LARRY
4000 MERIDIAN BOULEVARD
FRANKLIN, TN 37067 		X
President and CFO

Signatures
Christopher G. Cobb, Attorney in Fact for W. Larry Cash 2/25/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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