Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Chen Tian Qiao
   2. Issuer Name and Ticker or Trading Symbol
COMMUNITY HEALTH SYSTEMS INC [CYH] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
8 STEVENS ROAD, 		 3. Date of Earliest Transaction (Month/Day/Year)
08/18/2016
(Street)

SINGAPORE, U0 257819		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 08/18/2016   X   1,600 A $ 11 9,379,172 I Please see footnote (1)
Common Stock 08/19/2016   X   998,400 A $ 11 10,377,572 I Please see footnote (1)
Common Stock 08/19/2016   X   887,200 A $ 12 11,264,772 I Please see footnote (1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Put Option (obligation to buy) $ 11 08/18/2016   X     16 07/27/2016 08/19/2016 Common Stock 1,600 $ 0 9,984 I Please see footnote (2)
Put Option (obligation to buy) $ 11 08/19/2016   X     9,984 07/27/2016 08/19/2016 Common Stock 998,400 $ 0 0 I Please see footnote (2)
Put Option (obligation to buy) $ 12 08/19/2016   X     8,872 07/28/2016 08/19/2016 Common Stock 887,200 $ 0 0 I Please see footnote (2)
Call Option (right to buy) $ 8 08/19/2016   P   13,100   08/19/2016 09/16/2016 Common Stock 1,310,000 $ 224.81 13,100 I Please see footnote (3)
Call Option (obligation to sell) $ 14 08/19/2016   E V   18,860 07/07/2016 08/19/2016 Common Stock 1,886,000 $ 0 0 I Please see footnote (4)
Call Option (obligation to sell) $ 14 08/19/2016   E V   2,943 07/13/2016 08/19/2016 Common Stock 294,300 $ 0 0 I Please see footnote (4)
Call Option (obligation to sell) $ 14 08/19/2016   E V   578 07/14/2016 08/19/2016 Common Stock 57,800 $ 0 0 I Please see footnote (4)
Call Option (obligation to sell) $ 14 08/19/2016   E V   1,133 07/15/2016 08/19/2016 Common Stock 113,300 $ 0 0 I Please see footnote (4)
Call Option (obligation to sell) $ 14 08/19/2016   E V   14,207 07/18/2016 08/19/2016 Common Stock 1,420,700 $ 0 0 I Please see footnote (4)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Chen Tian Qiao
8 STEVENS ROAD
SINGAPORE, U0 257819		     X    
Shanda Media LTD
NO. 1 OFFICE BUILDING, NO. 690
PUDONG, NEW AREA
SHANGHAI, F4 201203		     X    
Shanda Investment Group Ltd
FIRST REGISTER OFFICE
WOODBOURNE HALL, ROAD TOWN
TORTOLA, D8 00000		     X    
Shanda Technology Overseas Capital Co.
REGISTERED OFFICE, CRICKET SQUARE
HUTCHINS DRIVE, PO BOX 2681
GRAND CAYMAN, E9 KY1-1111		     X    
SHANDA ASSET MANAGEMENT HOLDINGS Ltd
8 STEVENS ROAD
SINGAPORE, U0 257819		     X    

Signatures

 /s/ Tianqiao Chen   08/22/2016
**Signature of Reporting Person Date
 /s/ Tianqiao Chen, Director of Shanda Media Limited   08/22/2016
**Signature of Reporting Person Date
 /s/ Tianqiao Chen, Director of Shanda Investment Group Limited   08/22/2016
**Signature of Reporting Person Date
 /s/ Tianqiao Chen, Director of Shanda Technology Overseas Capital Company Limited   08/22/2016
**Signature of Reporting Person Date
 /s/ Tianqiao Chen, Director of Shanda Asset Management Holdings Limited   08/22/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The common stock disclosed in this Form 4 are directly held by Shanda Asset Management Holdings Limited. Mr. Tianqiao Chen is the sole shareholder of Shanda Media Limited. Shanda Media Limited owns 70% of all outstanding and issued shares of Shanda Investment Group Limited which is the sole shareholder of Shanda Technology Overseas Capital Company Limited. Shanda Technology Overseas Capital Company Limited is the sole shareholder of Shanda Asset Management Holdings Limited. Therefore each of Mr. Tianqiao Chen, Shanda Media Limited, Shanda Investment Group Limited, Shanda Technology Overseas Capital Company Limited and Shanda Asset Management Holdings Limited may be deemed to be the beneficial owners of such common stock.
(2) The put options set forth in Table II represented an obligation on the part of Shanda Asset Management Holdings Limited to buy the underlying common stock from the holders of such options, at such holders' discretion and were sold by Shanda Asset Management Holdings Limited before the reporting persons became subject to Section 16.
(3) These call options are held directly by Shanda Asset Management Holdings Limited.
(4) These call options represented an obligation on the part of Shanda Asset Management Holdings Limited to sell the underlying common stock to the holders of such options, as such holders' discretion and were sold by Shanda Asset Management Holdings Limited before the reporting persons became subject to Section 16.

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