For-Profit Hospital Stock Report: Week of Sept. 23-27, 2013

As Congress attempted to defund the Patient Protection and Affordable Care Act through spending bills last week, the markets reacted with uncertainty, particularly for the for-profit hospital sector.

Four of the major for-profit hospital companies recorded share losses last week. Dallas-based Tenet Healthcare Corp. had the biggest losses, as its shares were down more than 4 percent. Franklin, Tenn.-based Community Health Systems kept its head above water, earning 0.45 percent on shares. King of Prussia, Pa.-based Universal Health Services continues its strong year, as it gained 1.25 percent last week and is now trading at $74.29 per share.

Here are the five-day stock prices and percentage changes for the week of Sept. 23 through Sept. 27.

•    Community Health Systems (Franklin, Tenn.): $40.10 per share (up 0.45 percent)

•    Health Management Associates (Naples, Fla.): $12.60 per share (down 1.64 percent)

•    Hospital Corp. of America (Nashville, Tenn.): $42.07 per share (down 0.21 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $45.95 per share (down 1.03 percent)

•    Tenet Healthcare Corp. (Dallas): $40.33 per share (down 4.04 percent)

•    Universal Health Services (King of Prussia, Pa.): $74.29 per share (up 1.25 percent)

•    Vanguard Health Systems (Nashville, Tenn.): $20.98 per share (flat)

More Articles on For-Profit Hospitals:
Capella Healthcare Working With Private Equity Firm to "Evaluate" Options
New HMA Board Moves Forward With CHS Merger
6 Vanguard Executives Sell Thousands of Shares

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