Three 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 22.1 percent last week. Last Monday, CHS announced it ended the first quarter of 2016 with net income of $11 million, down 86 percent from $79 million in the same period of 2015.
Dallas-based Tenet Healthcare saw its share price fall 1.1 percent last week, the least of any of the major for-profit hospital operators.
King of Prussia, Pa.-based Universal Health Services and Nashville, Tenn.-based Hospital Corporation of America saw their share prices rise last week.
Here is how the five operators' stock prices stacked up.
- Community Health Systems (Franklin, Tenn.): $14.86 per share (down 22.1 percent)
- Hospital Corporation of America (Nashville, Tenn.): $80.81 per share (up 0.2 percent)
- LifePoint Health (Brentwood, Tenn.): $66.15 per share (down 2.1 percent)
- Tenet Healthcare (Dallas): $31.41 per share (down 1.1 percent)
- Universal Health Services (King of Prussia, Pa.): $133.87 per share (up 0.1 percent)
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