For-profit hospital stock report: Week of June 29 – July 2

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

Advertisement

Up 2.7 percent last week, shares of Brentwood, Tenn.-based LifePoint Health rose more than any other major for-profit hospital operator.

Here is how the five operators stack up.

  • Community Health Systems (Franklin, Tenn.): $62.53 per share (down 2.78 percent).
  • Hospital Corporation of America (Nashville, Tenn.): $90.50 per share (down 1.6 percent).
  • LifePoint Health (Brentwood, Tenn.): $87.38 per share (up 2.7 percent).
  • Tenet Healthcare Corp. (Dallas): $59.20 per share (up 2.03 percent).
  • Universal Health Services (King of Prussia, Pa.): $141.86 per share (down 1.08 percent).

 

More articles on healthcare finance:

CMS proposes changes to the two-midnight rule: 5 things to know
Medical companies paid physicians, teaching hospitals $6.49B in 2014
New Jersey hospital stripped of property tax exemption

 

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.

Advertisement

Next Up in Financial Management

  • Baylor College of Medicine and Texas Children’s Hospital established an affiliation more than 70 years ago in the Texas Medical…

  • Fitch revised Ontario, Calif.-based Prime Healthcare Services’ outlook to positive and affirms its “B” rating.  The revised outlook reflects Fitch’s…

  • Brentwood, Tenn.-based Lifepoint Health, a health system owned by private equity firm Apollo Global Management, has largely grown over the…

Advertisement

Comments are closed.