For-profit hospital stock report: Oct. 31-Nov. 4

Four of the five major for-profit hospital operators saw their stock prices fall last week.

Dallas-based Tenet Healthcare saw the largest decrease in share price, with shares falling 12.3 percent.

King of Prussia, Pa.-based Universal Health Services saw its share price fall 0.7 percent, the least of any of the major for-profit hospital operators.

Franklin, Tenn.-based Community Health Systems saw its share price rise.

Here is how the five operators' stock prices stacked up.

  • Community Health Systems (Franklin, Tenn.): $5.54 per share (up 6.9 percent)
  • HCA Holdings (Nashville, Tenn.): $75.33 per share (down 2.6 percent)
  • LifePoint Health (Brentwood, Tenn.): $58.10 per share (down 2.1 percent)
  • Tenet Healthcare (Dallas): $17.75 per share (down 12.3 percent)
  • Universal Health Services (King of Prussia, Pa.): $120.35 per share (down 0.7 percent)

 

More articles on healthcare finance:

13 recent hospital outlook, credit rating actions
Connecticut hospitals continue fight against hospital tax
8 changes to the Medicare Physician Fee Schedule in 2017

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars