For-profit hospital stock report: Week of Dec. 7-11

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

Dallas-based Tenet Healthcare Corp. saw the largest decrease in share price, with its shares down 9.76 percent to $29.88.

King of Prussia, Pa.-based Universal Health Services, on the other hand, saw their stock prices rise.

Here is how the five operators' stock prices stacked up last week.

  • Community Health Systems (Franklin, Tenn.): $27.25 per share (down 1.73 percent).
  • Hospital Corporation of America (Nashville, Tenn.): $66.30 per share (down 1.34 percent).
  • LifePoint Health (Brentwood, Tenn.): $69.57 per share (down 1.92 percent).
  • Tenet Healthcare Corp. (Dallas): $29.88 per share (down 9.76 percent).
  • Universal Health Services (King of Prussia, Pa.): $119.49 per share (up 0.03 percent).

 

More articles on healthcare finance:

Staying the path: Q&A with IU Health Goshen CFO Amy Floria
5 most-read finance stories: Week of Dec. 7-11
Senate probes claims of prescription drug company price gouging

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months