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 21.8 percent last week. The for-profit hospital operator recently reported a loss for the fourth quarter of 2015, as its profits were dragged down by lower admissions and costs associated with its 38-hospital spinoff.
Dallas-based Tenet Healthcare saw its share price fall 0.5 percent last week, the least of any of the major for-profit hospital operators.
Nashville, Tenn.-based Hospital Corporation of America and King of Prussia, Pa.-based Universal Health Services saw their share prices rise last week.
Here is how the five operators' stock prices stacked up last week.
- Community Health Systems (Franklin, Tenn.): $14.60 per share (down 21.8 percent)
- Hospital Corporation of America (Nashville, Tenn.): $67.62 per share (up 2.4 percent)
- LifePoint Health (Brentwood, Tenn.): $61.31 per share (down 4.1 percent)
- Tenet Healthcare (Dallas): $23.82 per share (down 0.5 percent)
- Universal Health Services (King of Prussia, Pa.): $106.10 per share (up 1.8 percent)
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