For-Profit Hospital Stock Report: Week of June 9-13

Hospital stocks were down for all five major for-profit companies last week.

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Tenet Healthcare Corp., based in Dallas, saw its stock plummet 4.57 percent, closing at $46.97. Franklin, Tenn.-based Community Health Systems’ shares also dropped considerably, declining by 3.19 percent to $43.46. Meanwhile, Nashville, Tenn.-based Hospital Corporation of America stock decreased by 1.1 percent to $54.98.

Brentwood, Tenn.-based LifePoint Hospitals and King of Prussia, Pa.-based Universal Health Services saw more minor decreases of 0.19 percent to $64.38 and 0.79 percent to $94.07, respectively.

•    Community Health Systems (Franklin, Tenn.): $43.46 per share (down 3.19 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $54.98 per share (down 1.1 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $64.38 per share (down 0.19 percent)

•    Tenet Healthcare Corp. (Dallas): $46.97 per share (down 4.57 percent)

•    Universal Health Services (King of Prussia, Pa.): $94.07 per share (down 0.79 percent)

More Articles on For-Profit Hospitals:
For-Profit Hospital Stock Report: Week of June 2-6, 2014  
HCA’s Top Private Equity Owners to Sell 29.5M Shares  
Connecticut Governor Signs Bill to Modify Nonprofit, For-Profit Hospital Conversions

 

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