Franklin, Tenn.-based Community Health Systems saw the largest decrease in share price, with shares falling 22.1 percent last week. Last Monday, CHS announced it ended the first quarter of 2016 with net income of $11 million, down 86 percent from $79 million in the same period of 2015.
Dallas-based Tenet Healthcare saw its share price fall 1.1 percent last week, the least of any of the major for-profit hospital operators.
King of Prussia, Pa.-based Universal Health Services and Nashville, Tenn.-based Hospital Corporation of America saw their share prices rise last week.
Here is how the five operators’ stock prices stacked up.
- Community Health Systems (Franklin, Tenn.): $14.86 per share (down 22.1 percent)
- Hospital Corporation of America (Nashville, Tenn.): $80.81 per share (up 0.2 percent)
- LifePoint Health (Brentwood, Tenn.): $66.15 per share (down 2.1 percent)
- Tenet Healthcare (Dallas): $31.41 per share (down 1.1 percent)
- Universal Health Services (King of Prussia, Pa.): $133.87 per share (up 0.1 percent)
More articles on finance and revenue cycle management:
Health Resource Group’s workforce expands amid increased demand: 6 things to know
Hellman & Friedman buys MultiPlan for $7.5B
Sanford Health taps Cardon Outreach for eligibility services
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
