For the most part, hospital stocks continued to flounder last week, as four out of seven hospital companies lost share value.
Health Management Associates, based in Naples, Fla., fared worst, losing almost 13 percent on its shares. The for-profit hospital operator announced preliminary results for its first quarter, and the numbers do not appear to be good.
Here are the five-day stock prices and percentage changes for the week of April 8 through April 12.
• Community Health Systems (Franklin, Tenn.): $43.12 per share (down 3.79 percent)
• Health Management Associates (Naples, Fla.): $10.86 per share (down 12.84 percent)
• Hospital Corporation of America (Nashville, Tenn.): $38.32 per share (up 2.24 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $46.26 per share (down 0.17 percent)
• Tenet Healthcare (Dallas): $42.40 per share (down 3.24 percent)
• Universal Health Services (King of Prussia, Pa.): $62.46 per share (up 0.03 percent)
• Vanguard Health Systems (Nashville, Tenn.): $15.29 per share (up 2.00 percent)
Health Management Associates, based in Naples, Fla., fared worst, losing almost 13 percent on its shares. The for-profit hospital operator announced preliminary results for its first quarter, and the numbers do not appear to be good.
Here are the five-day stock prices and percentage changes for the week of April 8 through April 12.
• Community Health Systems (Franklin, Tenn.): $43.12 per share (down 3.79 percent)
• Health Management Associates (Naples, Fla.): $10.86 per share (down 12.84 percent)
• Hospital Corporation of America (Nashville, Tenn.): $38.32 per share (up 2.24 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $46.26 per share (down 0.17 percent)
• Tenet Healthcare (Dallas): $42.40 per share (down 3.24 percent)
• Universal Health Services (King of Prussia, Pa.): $62.46 per share (up 0.03 percent)
• Vanguard Health Systems (Nashville, Tenn.): $15.29 per share (up 2.00 percent)
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Health Management Associates Projects Poor First Quarter
Pay Package for HMA CEO Gary Newsome Climbs 17% to $8.3M