For-Profit Hospital Stock Report: Week of April 8-12, 2013

For the most part, hospital stocks continued to flounder last week, as four out of seven hospital companies lost share value.

Advertisement

Health Management Associates, based in Naples, Fla., fared worst, losing almost 13 percent on its shares. The for-profit hospital operator announced preliminary results for its first quarter, and the numbers do not appear to be good.

Here are the five-day stock prices and percentage changes for the week of April 8 through April 12.

•    Community Health Systems (Franklin, Tenn.): $43.12 per share (down 3.79 percent)

•    Health Management Associates (Naples, Fla.): $10.86 per share (down 12.84 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $38.32 per share (up 2.24 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $46.26 per share (down 0.17 percent)

•    Tenet Healthcare (Dallas): $42.40 per share (down 3.24 percent)

•    Universal Health Services (King of Prussia, Pa.): $62.46 per share (up 0.03 percent)

•    Vanguard Health Systems (Nashville, Tenn.): $15.29 per share (up 2.00 percent)

More Articles on For-Profit Hospitals:

Prime Healthcare Pledges $44M to Upgrade St. Mary’s Hospital
Health Management Associates Projects Poor First Quarter
Pay Package for HMA CEO Gary Newsome Climbs 17% to $8.3M

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.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.