For-profit hospital stock report: Week of Aug. 4-8, 2014

For-profit hospital stocks increased for all five major operators last week.

Advertisement

Tenet Healthcare Corp., based in Dallas, saw its stock rise 8.58 percent, and Nashville, Tenn.-based Hospital Corporation of America’s shares increased by 2.5 percent. Franklin, Tenn.-based Community Health Systems experienced a 2.12 percent increase.

Meanwhile, Brentwood, Tenn.-based LifePoint Hospitals saw its stock rise 1.9 percent, and King of Prussia, Pa.-based Universal Health Services’ shares went up by 1.66 percent.

•    Community Health Systems (Franklin, Tenn.): $48.24 per share (up 2.12 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $67.13 per share (up 2.5 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $72.23 per share (up 1.9 percent)

•    Tenet Healthcare Corp. (Dallas): $56.83 per share (up 8.58 percent)

•    Universal Health Services (King of Prussia, Pa.): $107.12 per share (up 1.66 percent)

More articles on for-profit hospitals:
CEO of Meadowlands Hospital seeks exit after 3 months  
For-profit hospital stock report: Week of July 28-August 1  
HCA reports 14% rise in Q2 profit 

 

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.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.