On Monday, the analysts upgraded Tenet Healthcare Corp., LifePoint Hospitals, Health management Associates and Community Heath Systems from “neutral” to ‘buy.”
“Our upgrade of the hospital sector…is based upon signs of stabilization in employer-based commercial enrollment, driving improved mix of higher-paying commercial patients for hospitals after two years of deterioration as job losses transitioned employer-based coverage to lower-paying Medicaid and the uninsured,” UBS analyst Justin Lake said in the report.
Read the Wall Street Journal report on the for-profit hospital sector.
Read coverage on for-profit hospital operators:
– Healthcare Reform Paving Way for More and Different Hospital Merger & Acquisition Activity
