Four of the five major for-profit hospital operators saw their stock prices fall last week.
Franklin, Tenn.-based Community Health Systems saw the largest decrease in share price, with shares falling 8.4 percent last week.
Nashville, Tenn.-based Hospital Corporation of America saw its share price fall 0.4 percent last week, the least of any of the major for-profit hospital operators.
These decreases come as the S&P 500's healthcare sector was dragged down last week, after shares of pharmaceutical giant Gilead Sciences fell nearly 8 percent Friday, according to CNBC. The healthcare sector fell more than 1 percent, and the S&P was about 0.6 percent lower Friday.
Still, King of Prussia, Pa.-based Universal Health Services saw its share price rise 3.5 percent last week.
Here is how the five operators' stock prices stacked up.
- Community Health Systems (Franklin, Tenn.): $19.08 per share (down 8.4 percent)
- Hospital Corporation of America (Nashville, Tenn.): $80.62 per share (down 0.4 percent)
- LifePoint Health (Brentwood, Tenn.): $67.56 per share (down 7.3 percent)
- Tenet Healthcare (Dallas): $31.75 per share (down 2.5 percent)
- Universal Health Services (King of Prussia, Pa.): $133.68 per share (up 3.5 percent)
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