For-profit hospital stock report: Week of Sept. 22-26

All five major for-profit hospital operators saw their stocks drop last week.

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Brentwood, Tenn.-based LifePoint Hospitals saw a 4.97 percent decrease, while King of Prussia, Pa.-based Universal Health Services saw its shares go down by 4.3 percent. Dallas-based Tenet Healthcare Corp.’s shares also declined by 3.98 percent.

Franklin, Tenn.-based Community Health Systems’ shares decreased by 3.53 percent, while Nashville, Tenn.-based Hospital Corporation of America saw a 3.1 percent drop.

•    Community Health Systems (Franklin, Tenn.): $55.22 per share (down 3.53 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $71.20 per share (down 3.1 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $70.18 per share (down 4.97 percent)

•    Tenet Healthcare Corp. (Dallas): $60.75 per share (down 3.98 percent)

•    Universal Health Services (King of Prussia, Pa.): $109.03 per share (down 4.3 percent)

More articles on for-profit hospitals:
For-profit hospital stock report: Week of Sept. 15-19
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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