5 must-read stories about for-profit hospital operator stocks

Major for-profit hospital operators have seen their stock prices change significantly at times in the last couple of months.

Here are five must-read stories about for-profit hospital operators' stocks, published in July and August by Becker's Hospital Review.

1. CHS shares hit all-time low
Shares of Franklin, Tenn.-based Community Health Systems closed June 29 at $3.32. This occurred after the company priced a new offering of about $1.03 billion of senior secured notes.

2. Shares of CHS continue to slide
CHS, which has struggled with debt, saw shares continue to sink, with shares closing July 3 at $3.06.

3. Shares of CHS hit new low
Shares of CHS reached a new low July 13, closing at $2.86, down 2 percent from July 12.

4. For-profit hospital stock report: Week of July 30-Aug. 3
Shares of CHS have trended up recently and closed at $3.22 Aug. 3. Also on Aug. 3, shares of Brentwood, Tenn.-based LifePoint jumped 35 percent compared to July 27. The jump came the same week LifePoint announced a potential sale to private equity firm Apollo Global Management.

5. Tenet sees shares dive 15% after revealing plan to offload Conifer still in works
Shares of Dallas-based Tenet Healthcare sunk more than 15 percent Aug. 7 as the company announced continued efforts to sell its healthcare management subsidiary, Conifer Health Solutions.

 

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