For-Profit Hospital Stock Report: Week of Dec. 9-13, 2013

This year has been decidedly positive for investor-owned hospital chains, but momentum continues to lessen as 2013 comes to an end.

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The sluggish rollout of HealthCare.gov, pessimistic 2014 outlooks from credit rating agencies and congressional plans to keep Medicare sequestration cuts hampered for-profit hospitals last week. Stocks at all six major publicly traded organizations fell. None fell more than Dallas-based Tenet Healthcare Corp., dropping more than 5.5 percent.

Here are the five-day stock prices and percentage changes for the week of Dec. 9 through Dec. 13.

•    Community Health Systems (Franklin, Tenn.): $39.31 per share (down 4.66 percent)

•    Health Management Associates (Naples, Fla.): $12.96 per share (down 0.92 percent)

•    Hospital Corporation of America (Nashville, Tenn.): $46.83 per share (down 0.87 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $50.70 per share (down 1.05 percent)

•    Tenet Healthcare Corp. (Dallas): $40.34 per share (down 5.53 percent)

•    Universal Health Services (King of Prussia, Pa.): $81.33 per share (down 1.91 percent)

More Articles on For-Profit Hospitals:
The Most Influential Hospital Transactions of 2013
7 Major For-Profit Hospital Companies Post $443M in Quarterly Earnings
American Federation of Teachers Criticizes CHS-HMA Transaction

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