For-profit hospital stock report: Week of Dec. 3-7

Four major for-profit hospital operators saw their stock prices fall last week.

Advertisement

Dallas-based Tenet Healthcare saw the greatest decrease in share price at 10.5 percent.

Here’s how the operators stacked up as of Dec. 7:

  • Community Health Systems (Franklin, Tenn.): $4.62 per share (down 2.7 percent)
  • HCA Healthcare (Nashville, Tenn.): $135.86 per share (down 5.6 percent)
  • Tenet Healthcare (Dallas): $23.32 per share (down 10.5 percent)
  • Universal Health Services (King of Prussia, Pa.): $126.22 per share (down 8.5 percent)

 

More articles on healthcare finance:

4 generational differences in the patient financial experience
Nonprofit hospitals’ community benefits vary greatly due to outdated federal rules
Texas’ biggest nursing home operator seeks bankruptcy protection

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.