Share values of investor-owned hospital chains have been under cardiac arrest for most of 2014, and this past week was an upswing.
Just one week after losses wiped out a positive January, all five major for-profit hospital companies returned to positive trading.
King of Prussia, Pa.-based Universal Health Services gained almost 5 percent on its shares, the most of the big five. Shares of Brentwood, Tenn.-based LifePoint Hospitals rose more than 3.8 percent to $53.60 despite its lower profit and admission totals in 2013, which it reported last week.
• Community Health Systems (Franklin, Tenn.): $41.20 per share (up 2.95 percent)
• Hospital Corporation of America (Nashville, Tenn.): $49.76 per share (up 2.96 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $53.60 per share (up 3.84 percent)
• Tenet Healthcare Corp. (Dallas): $46.56 per share (up 3.95 percent)
• Universal Health Services (King of Prussia, Pa.): $82.50 per share (up 4.91 percent)
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For-Profit Hospital Stock Report: Week of Feb. 3-7, 2014