For-profit hospital stock report: Week of May 29-June 1

Two of the five major for-profit hospital operators saw their stock prices fall last week while two others saw prices rise.

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Among the major for-profit hospital operators, Franklin, Tenn.-based Community Health Systems saw the greatest decrease in share price at 8.5 percent. Dallas-based Tenet Healthcare saw the greatest increase at 2.1 percent.

How the five operators stacked up as of June 1:

  • Community Health Systems (Franklin, Tenn.): $3.96 per share (down 8.5 percent)
  • HCA Healthcare (Nashville, Tenn.): $104.31 per share (up 0.6 percent)
  • LifePoint Health (Brentwood, Tenn.): $53.30 per share (no change)
  • Tenet Healthcare (Dallas): $35.22 per share (up 2.1 percent)
  • Universal Health Services (King of Prussia, Pa.): $114.15 per share (down 2.2 percent)

 

More articles on healthcare finance:

Vanderbilt University Medical Center points to Epic rollout for 60% drop in operating income
Cleveland Clinic looks to rein in costs as Q1 operating income dips 22%
Pennsylvania hospital accused of overbilling state by $9M

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