For-Profit Hospital Stock Report: Week of May 6-10, 2013

For-profit hospital stocks continue to build off a strong first quarter, as five of the seven major hospital companies saw gains last week.

Tenet's shares rose the most — 4.6 percent to $48.66 per share — and Tenet's shares passed LifePoint as the second-highest in value, now only trailing UHS.

Vanguard's shares dropped yet again, and the Nashville, Tenn.-based operator's stock has been in a freefall for almost two months. Since March 21, Vanguard's shares have dropped 26.6 percent, and they are at their lowest level since January.

Here are the five-day stock prices and percentage changes for the week of May 6 through May 10.

•    Community Health Systems (Franklin, Tenn.): $46.12 per share (up 1.10 percent)

•    Health Management Associates (Naples, Fla.): $11.24 per share (up 4.46 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $40.73 per share (down 0.66 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $47.95 per share (up 0.71 percent)

•    Tenet Healthcare (Dallas): $48.66 per share (up 4.60 percent)

•    Universal Health Services (King of Prussia, Pa.): $67.46 per share (up 2.76 percent)

•    Vanguard Health Systems (Nashville, Tenn.): $12.81 per share (down 3.32 percent)

More Articles on For-Profit Hospitals:

9 Major For-Profit Hospital Companies Post $527M in Quarterly Profits
Steward Health Care Losses Top $33M in 2012
13 Prime Hospitals Re-Enter Aetna's Southern California Network

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