Investor-owned hospitals reported a mixed bag in the last full week of July, but most hospital stocks ended on an upswing last week.
Dallas-based Tenet Healthcare Corp. turned the biggest gain, as its shares were up almost 5 percent. Naples, Fla.-based Health Management Associates continues to battle its largest shareholder, Glenview Capital Management, which resulted in a loss of 4.35 percent. Despite a poor earnings report, stocks of Brentwood, Tenn.-based LifePoint Hospitals only slipped 0.2 percent.
Here are the five-day stock prices and percentage changes for the week of July 22 through July 26.
• Community Health Systems (Franklin, Tenn.): $44.60 per share (up 3.34 percent)
• Health Management Associates (Naples, Fla.): $14.97 per share (down 4.35 percent)
• Hospital Corp. of America (Nashville, Tenn.): $39.74 per share (up 2.87 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $49.64 per share (down 0.20 percent)
• Tenet Healthcare Corp. (Dallas): $44.78 per share (up 4.99 percent)
• Universal Health Services (King of Prussia, Pa.): $69.69 per share (up 3.32 percent)
• Vanguard Health Systems (Nashville, Tenn.): $20.88 per share (down 0.14 percent)
More Articles on For-Profit Hospitals:
Glenview Rips Into HMA's Performance, Executive Behavior
LifePoint's Q2 Net Income Drops 32% on Declining Admissions, Surgeries
UHS Posts 41% Boost in Q2 Profit