For-profit hospital stock report: Week of Oct. 6-10

Having the worst and best days of the year, last week was a tumultuous one for the stock market, and all five major for-profit hospital operators saw their stocks drop.

The Dow Jones industrial average fell by 272 points on Oct. 7, and rebounded by nearly the same amount the following day. However, the Dow once again plunged on Oct. 9, falling by 334 points, according to the Associated Press.

Of the major hospital operators, Dallas-based Tenet Healthcare Corp., saw the largest drop, with a 5.63 percent decrease in its stock prices. Nashville, Tenn.-based Hospital Corporation of America's stock prices decreased the least, falling by 3.07 percent. 

  • Community Health Systems (Franklin, Tenn.): $53.41 per share (down 3.75 percent)
  • Hospital Corporation of America (Nashville, Tenn.): $69.06 per share (down 3.07 percent)
  • LifePoint Hospitals (Brentwood, Tenn.): $67.51 per share (down 4.02 percent)
  • Tenet Healthcare Corp. (Dallas): $55.53 per share (down 5.63 percent)
  • Universal Health Services (King of Prussia, Pa.): $103.86 per share (down 3.31 percent)

More articles on for-profit hospitals:

For-profit hospital stock report: Week of Sept. 29-Oct. 3
The growing influence of for-profit pay practices on not-for-profit executive pay 
Why U.S. hospital administrative costs are among the highest in the world: 7 things to know

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