Among the major for-profit hospital operators, Dallas-based Tenet Healthcare saw the largest decrease in share price, with shares falling 13 percent.
King of Prussia, Pa.-based Universal Health Services saw its share price fall 2.4 percent, the least of any of the major for-profit hospital operators.
Here is how the five operators stacked up.
- Community Health Systems (Franklin, Tenn.): $8.24 per share (down 8.5 percent)
- HCA Holdings (Nashville, Tenn.): $83.55 per share (down 4.8 percent)
- LifePoint Health (Brentwood, Tenn.): $60.85 per share (down 4.8 percent)
- Tenet Healthcare (Dallas): $15.30 per share (down 13 percent)
- Universal Health Services (King of Prussia, Pa.): $118.84 per share (down 2.4 percent)
More articles on healthcare finance:
Medical marijuana laws may decrease Medicaid costs, study finds
5 ways to get claims denials under control
Report: FAIR Health most ‘reliable’ database for benchmarking out-of-network physician rates
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.