Despite lofty gains at the end of 2012 and a promising market of newly insured patients, all seven major publicly traded hospital companies were hit with stock losses last week.
Remnants of a poor quarter from January through March have lingered around the industry. Tenet was hit the hardest in the past week, as its shares were down more than 5.8 percent. Health Management, Vanguard and HCA all lost more than 4 percent, as well.
Here are the five-day stock prices and percentage changes for the week of May 13 through May 17.
• Community Health Systems (Franklin, Tenn.): $44.66 per share (down 3.17 percent)
• Health Management Associates (Naples, Fla.): $10.71 per share (down 4.72 percent)
• Hospital Corporation of America (Nashville, Tenn.): $39.09 per share (down 4.03 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $47.38 per share (down 1.19 percent)
• Tenet Healthcare (Dallas): $45.82 per share (down 5.84 percent)
• Universal Health Services (King of Prussia, Pa.): $67.04 per share (down 0.62 percent)
• Vanguard Health Systems (Nashville, Tenn.): $12.23 per share (down 4.53 percent)
Remnants of a poor quarter from January through March have lingered around the industry. Tenet was hit the hardest in the past week, as its shares were down more than 5.8 percent. Health Management, Vanguard and HCA all lost more than 4 percent, as well.
Here are the five-day stock prices and percentage changes for the week of May 13 through May 17.
• Community Health Systems (Franklin, Tenn.): $44.66 per share (down 3.17 percent)
• Health Management Associates (Naples, Fla.): $10.71 per share (down 4.72 percent)
• Hospital Corporation of America (Nashville, Tenn.): $39.09 per share (down 4.03 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $47.38 per share (down 1.19 percent)
• Tenet Healthcare (Dallas): $45.82 per share (down 5.84 percent)
• Universal Health Services (King of Prussia, Pa.): $67.04 per share (down 0.62 percent)
• Vanguard Health Systems (Nashville, Tenn.): $12.23 per share (down 4.53 percent)
More Articles on For-Profit Hospitals:
For-Profit Hospital Stock Report: Week of May 6-10, 2013
9 Major For-Profit Hospital Companies Post $527M in Quarterly Profits
Vanguard, Waterbury Hospital in Connecticut Approve Joint Venture