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

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

Advertisement

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

 

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.