For-profit hospital stock report: Week of Oct. 13-17

Rebounding from a tumultuous week in the stock market, three for-profit hospital operators saw their stock prices increase, while two saw their prices drop last week.

Nashville, Tenn.-based Hospital Corporation of America's stocks went up last week after the hospital operator released its preliminary financial and operating results, which stated its income before income taxes for the third quarter will reach approximately $929 million, up from $701 million in the third quarter of 2013.

Tenet Healthcare's stocks went up 1.89 percent, the most of any of the hospital operators last week. 

Brentwood, Tenn.-based LifePointHospitals and King of Prussia, Pa.-based Universal Health Services both saw their stocks drop last week. Universal Health Services saw the largest drop at 0.53 percent.

  • Community Health Systems (Franklin, Teen.): $53.42 per share (up 0.01 percent)
  • Hospital Corporation of America (Nashville, Tenn.): $69.44 per share (up 0.55 percent)
  • LifePoint Hospitals (Brentwood, Tenn.): $67.40 per share (down 0.16 percent)
  • Tenet Healtcare Corp. (Dallas): $56.58 per share (up 1.89 percent)
  • Universal Health Services (King of Prussia, Pa.): $103.86 per share (down 0.53 percent)

More articles on healthcare finance:


Hospital prices up 1.7% year-over-year in September
5 most-read finance stories: Week of Oct. 13-17
5 key hospital finance trends to watch

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