Shares of Brentwood, Tenn.-based Tenet Healthcare rose 3.9 percent, while shares of Franklin, Tenn.-based Community Health Systems and Nashville, Tenn.-based HCA Healthcare climbed 2.8 percent and 1.4 percent, respectively, in morning trading.
The for-profit hospital operators’ facilities affected by Hurricane Irma are expected to reopen over the next few days, KeyBanc Capital Markets analysts Jason Gurda told Reuters. “It doesn’t look like the worst-case scenario.”
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