For-profit hospital stock report: Week of March 7-11

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

Nashville, Tenn.-based Hospital Corporation of America saw the largest increase in share price, with shares rising 2.7 percent last week.

King of Prussia, Pa.-based Universal Health Services saw its share price rise 0.1 percent last week, the least of any of the major for-profit hospital operators.

Franklin, Tenn.-based Community Health Systems and Dallas-based Tenet Healthcare saw their share prices fall last week.

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

  • Community Health Systems (Franklin, Tenn.): $16.31 per share (down 4.7 percent)
  • Hospital Corporation of America (Nashville, Tenn.): $74.95 per share (up 2.7 percent)
  • LifePoint Health (Brentwood, Tenn.): $65.83 per share (up 0.2 percent)
  • Tenet Healthcare (Dallas): $27.23 per share (down 2 percent)
  • Universal Health Services (King of Prussia, Pa.): $115.69 per share (up 0.1 percent)

 

More articles on finance and revenue cycle management:

Medical billing makes Missouri AG's top 10 list of consumer complaints
Vermont sees surge in Medicaid hospital visits and payments: 7 findings
Power cut off at Puerto Rico hospital that owes $4M

 

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