For-Profit Hospital Stock Report: Week of June 23-27

Hospital stocks were down for all but one of the five major for-profit companies last week.

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Franklin, Tenn.-based Community Health Systems saw its stock rise 1.33 percent to close at $45.65. However, the other for-profit hospital operators saw their shares decline. Nashville, Tenn.-based Hospital Corporation of America and Tenet Healthcare Corp., based in Dallas, saw the biggest decreases of 3.78 percent to $55.43 and 3.77 percent to $46.91, respectively.

Brentwood, Tenn.-based LifePoint Hospitals saw its stock decline by 3.34 percent to $62.65, while King of Prussia, Pa.-based Universal Health Services’ shares decreased by 2.12 percent to $95.00.

•    Community Health Systems (Franklin, Tenn.): $45.65 per share (up 1.33 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $55.43 per share (down 3.78 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $62.56 per share (down 3.34 percent)

•    Tenet Healthcare Corp. (Dallas): $46.91 per share (down 3.77 percent)

•    Universal Health Services (King of Prussia, Pa.): $95.00 per share (down 2.12 percent)

More Articles on For-Profit Hospitals:
50 Top-Grossing For-Profit Hospitals | 2014  
Fitch Affirms LifePoint Hospitals Rating, Outlook Stable  
Tenet Names 2 New Hospital COOs 

 

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