Tenet Healthcare Corp., based in Dallas, saw its stock leap 10.72 percent. Brentwood, Tenn.-based LifePoint Hospitals — which recently reported a 43.3 percent year-over-year increase in second-quarter profit — experienced a 9.63 percent increase.
Meanwhile, King of Prussia, Pa.-based Universal Health Services — which last week reported a 0.1 percent drop year-over-year in second-quarter net profit — saw its shares go up by 8.23 percent. Franklin, Tenn.-based Community Health Systems’ and Nashville, Tenn.-based Hospital Corporation of America’s shares increased by 3.42 percent and 0.74 percent, respectively.
• Community Health Systems (Franklin, Tenn.): $47.49 per share (up 3.42 percent)
• Hospital Corporation of America (Nashville, Tenn.): $62.90 per share (up 0.74 percent)
• LifePoint Hospitals (Brentwood, Tenn.): $70.27 per share (up 9.63 percent)
• Tenet Healthcare Corp. (Dallas): $53.61 per share (up 10.72 percent)
• Universal Health Services (King of Prussia, Pa.): $104.23 per share (up 8.23 percent)
More articles on for-profit hospitals:
Universal Health Services reports 0.1% decline in Q2 profit
For-profit hospital stock report: Week of July 14-18, 2014
LifePoint Hospitals post $39M profit for Q2
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