For-profit hospital stock report: Week of Sept. 29-Oct. 3

Two of the major for-profit hospital operators saw their stocks drop last week, while three operators’ stocks were slightly up.

Advertisement

Dallas-based Tenet Healthcare Corp. saw a 3.14 percent decrease, while King of Prussia, Pa.-based Universal Health Services saw its shares go down by 1.5 percent.

Franklin, Tenn.-based Community Health Systems acquired 179-bed Natchez (Miss.) Regional Medical Center last week and saw its shares increase by 0.49 percent.

•    Community Health Systems (Franklin, Tenn.): $55.49 (up 0.49 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $71.25 per share (up 0.07 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $70.34 per share (up 0.23 percent)

•    Tenet Healthcare Corp. (Dallas): $58.84 per share (down 3.14 percent)

•    Universal Health Services (King of Prussia, Pa.): $107.40 per share (down 1.5 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

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.