Dallas-based Tenet Healthcare had its stocks downgraded to sell from neutral, causing them to drop 3 percent.
Four other for-profit hospital operators — Nashville, Tenn.-based Hospital Corporation of America, Naples, Fla.-based Health Management Associates, Brentwood, Tenn.-based LifePoint Hospitals and King of Prussia, Pa.-based Universal Health Services — had their stocks downgraded from buy to neutral, according to the report.
UHS stocks dropped 3 percent, LifePoint and Health Management lost roughly 2 percent each and HCA was down 1.5 percent.
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Study: For-Profit Hospitals More Likely to Close ERs
http://online.wsj.com/article/BT-CO-20120103-708234.html
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