For-Profit Hospital Stock Report: Week of March 4-8, 2013

Many for-profit hospital stocks have started to jump into spring, as six of the seven major operators saw their shares rise last week.

Tenet had the largest weekly surge, as its shares grew more than 9.4 percent. UHS continues to trade at record-highs, as its shares topped $60, the highest of any for-profit hospital company.

Vanguard was the only chain to lose ground, but its shares dropped only six cents compared with last week.

Here are the five-day stock prices and percentage changes for the week of March 4 through March 8.

•    Community Health Systems (Franklin, Tenn.): $42.91 per share (up 2.14 percent)

•    Health Management Associates (Naples, Fla.): $11.39 per share (up 4.50 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $37.25 per share (up 0.78 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $45.16 per share (up 2.43 percent)

•    Tenet Healthcare (Dallas): $43.20 per share (up 9.42 percent)

•    Universal Health Services (King of Prussia, Pa.): $60.02 per share (up 3.16 percent)

•    Vanguard Health Systems (Nashville, Tenn.): $15.09 per share (down 0.40 percent)

More Articles on For-Profit Hospitals:

SunLink Extends Deadline to Buy Back Shares
Moody's: For-Profit Hospital Chains Should See Modest EBITDA Growth
LifePoint, Fauquier Health in Virginia to Form Joint Venture

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