Most of May has looked gloomy for for-profit hospital shareholders thus far, but this past week indicated that thoughts of poor first-quarter earnings may be drifting away.
After a week in which every hospital company lost share value, three companies gained share value this past week. Health Management gained the most ground, as its shares were up 3.08 percent. HCA and CHS, the two largest for-profit hospital operators, lost 3.18 percent and 3.99 percent, respectively, in the past week.
Here are the five-day stock prices and percentage changes for the week of May 20 through May 24.
• Community Health Systems (Franklin, Tenn.): $43.24 per share (down 3.18 percent)
• Health Management Associates (Naples, Fla.): $11.04 per share (up 3.08 percent)
• Hospital Corporation of America (Nashville, Tenn.): $37.53 per share (down 3.99 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $48.11 per share (up 1.54 percent)
• Tenet Healthcare (Dallas): $44.89 per share (down 2.03 percent)
• Universal Health Services (King of Prussia, Pa.): $66.73 per share (down 0.46 percent)
• Vanguard Health Systems (Nashville, Tenn.): $12.25 per share (up 0.16 percent)
After a week in which every hospital company lost share value, three companies gained share value this past week. Health Management gained the most ground, as its shares were up 3.08 percent. HCA and CHS, the two largest for-profit hospital operators, lost 3.18 percent and 3.99 percent, respectively, in the past week.
Here are the five-day stock prices and percentage changes for the week of May 20 through May 24.
• Community Health Systems (Franklin, Tenn.): $43.24 per share (down 3.18 percent)
• Health Management Associates (Naples, Fla.): $11.04 per share (up 3.08 percent)
• Hospital Corporation of America (Nashville, Tenn.): $37.53 per share (down 3.99 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $48.11 per share (up 1.54 percent)
• Tenet Healthcare (Dallas): $44.89 per share (down 2.03 percent)
• Universal Health Services (King of Prussia, Pa.): $66.73 per share (down 0.46 percent)
• Vanguard Health Systems (Nashville, Tenn.): $12.25 per share (up 0.16 percent)
More Articles on For-Profit Hospitals:
CHS Shareholders Ratify Executive Pay for 2012
Poor Q1 Financials at For-Profit Hospitals an Anomaly, Analyst Says
For-Profit Hospital Stock Report: Week of May 13-17, 2013