For-Profit Hospital Stock Report: Week of Feb. 3-7, 2014

Just as soon as January ended with major gains for for-profit hospitals, the first week of February took them all away.

All five of the major publicly traded acute-care hospital operators trended downward last week. Each company lost at least 2.6 percent of their share value.

King of Prussia, Pa.-based Universal Health Services lost the most. Its shares dropped more than 4 percent to $78.64, the lowest point since November. Despite a positive fourth-quarter and year-end earnings report last Tuesday, Nashville, Tenn.-based Hospital Corporation of America's shares fell almost 3.9 percent.

•    Community Health Systems (Franklin, Tenn.): $40.02 per share (down 3.36 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $48.33 per share (down 3.86 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $51.62 per share (down 2.62 percent)

•    Tenet Healthcare Corp. (Dallas): $44.79 per share (down 2.65 percent)

•    Universal Health Services (King of Prussia, Pa.): $78.64 per share (down 4.12 percent)

More Articles on For-Profit Hospitals:
HCA's Profit Up 35% in Q4, Down Slightly in 2013
For-Profit Hospital Stock Report: Week of Jan. 27-31, 2014
Digging Into the CHS-HMA Deal: Glenview's $396M Payday

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.