For-Profit Hospital Stock Report: Week of Dec. 16-20, 2013

The week before the 2013 holidays was relatively quiet on Wall Street, especially for most hospital chains.

Advertisement

Share value barely budged for five of the seven major publicly traded hospital operators. However, Franklin, Tenn.-based Community Health Systems and Dallas-based Tenet Healthcare Corp. — the two chains that acquired competitors this year — each lost more than 2 percent.

Here are the five-day stock prices and percentage changes for the week of Dec. 16 through Dec. 20.

•    Community Health Systems (Franklin, Tenn.): $38.29 per share (down 2.59 percent)

•    Health Management Associates (Naples, Fla.): $12.98 per share (up 0.15 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $46.89 per share (up 0.13 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $50.81 per share (up 0.22 percent)

•    Tenet Healthcare Corp. (Dallas): $40.31 per share (down 0.07 percent)

•    Universal Health Services (King of Prussia, Pa.): $79.40 per share (down 2.37 percent)

More Articles on For-Profit Hospitals:
Glenview Buys 1M More Shares in Tenet
Profit at IASIS Healthcare Plummets 86% in 2013
For-Profit Hospital Stock Report: Week of Dec. 9-13, 2013

Advertisement

Next Up in Financial Management

  • Ensemble Health Partners struck revenue cycle management partnerships with three health systems in the first half of 2025.  The company…

  • As health systems prepare for tightening regulatory frameworks and shifting reimbursement models, the concept of reimbursement resilience — sustaining predictable…

Advertisement

Comments are closed.