The for-profit hospital industry continues to ride its hot wave, as all seven major companies each gained more than 2.9 percent in share value last week.
Vanguard Health Systems was the biggest winner, jumping 8.28 percent to close at $13.69 per share last Friday. Each of the seven for-profit hospital operators has recorded massive growth since the beginning of the year, with CHS spiking the most. Since Jan. 2, CHS shares have jumped 23.54 percent, and since Jan. 27, 2012, CHS shares have more than doubled.
Here are the five-day stock prices and percentage changes for the week of Jan. 22 through Jan. 25, 2013.
• Community Health Systems (Franklin, Tenn.): $38.57 per share (up 5.93 percent)
• Health Management Associates (Naples, Fla.): $10.28 per share (up 5.77 percent)
• Hospital Corporation of America (Nashville, Tenn.): $37.74 per share (up 2.95 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $43.07 per share (up 3.83 percent)
• Tenet Healthcare (Dallas): $39.05 per share (up 4.87 percent)
• Universal Health Services (King of Prussia, Pa.): $57.34 per share (up 4.52 percent)
• Vanguard Health Systems (Nashville, Tenn.): $13.69 per share (up 8.28 percent)
Vanguard Health Systems was the biggest winner, jumping 8.28 percent to close at $13.69 per share last Friday. Each of the seven for-profit hospital operators has recorded massive growth since the beginning of the year, with CHS spiking the most. Since Jan. 2, CHS shares have jumped 23.54 percent, and since Jan. 27, 2012, CHS shares have more than doubled.
Here are the five-day stock prices and percentage changes for the week of Jan. 22 through Jan. 25, 2013.
• Community Health Systems (Franklin, Tenn.): $38.57 per share (up 5.93 percent)
• Health Management Associates (Naples, Fla.): $10.28 per share (up 5.77 percent)
• Hospital Corporation of America (Nashville, Tenn.): $37.74 per share (up 2.95 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $43.07 per share (up 3.83 percent)
• Tenet Healthcare (Dallas): $39.05 per share (up 4.87 percent)
• Universal Health Services (King of Prussia, Pa.): $57.34 per share (up 4.52 percent)
• Vanguard Health Systems (Nashville, Tenn.): $13.69 per share (up 8.28 percent)
More Articles on For-Profit Hospitals:
N.J. Attorney General Closely Reviews Prime Healthcare's Purchase of St. Mary's Hospital
Tenet to Sell $850M in Senior Secured Notes
For-Profit Hospital Stock Report: Week of Jan. 14-18, 2013