For-Profit Hospital Stock Report: Week of July 22-26, 2013

Investor-owned hospitals reported a mixed bag in the last full week of July, but most hospital stocks ended on an upswing last week.

Advertisement

Dallas-based Tenet Healthcare Corp. turned the biggest gain, as its shares were up almost 5 percent. Naples, Fla.-based Health Management Associates continues to battle its largest shareholder, Glenview Capital Management, which resulted in a loss of 4.35 percent. Despite a poor earnings report, stocks of Brentwood, Tenn.-based LifePoint Hospitals only slipped 0.2 percent.

Here are the five-day stock prices and percentage changes for the week of July 22 through July 26.

•    Community Health Systems (Franklin, Tenn.): $44.60 per share (up 3.34 percent)

•    Health Management Associates (Naples, Fla.): $14.97 per share (down 4.35 percent)

•    Hospital Corp. of America (Nashville, Tenn.): $39.74 per share (up 2.87 percent)

•    LifePoint Hospitals (Brentwood, Tenn.): $49.64 per share (down 0.20 percent)

•    Tenet Healthcare Corp. (Dallas): $44.78 per share (up 4.99 percent)

•    Universal Health Services (King of Prussia, Pa.): $69.69 per share (up 3.32 percent)

•    Vanguard Health Systems (Nashville, Tenn.): $20.88 per share (down 0.14 percent)

More Articles on For-Profit Hospitals:
Glenview Rips Into HMA’s Performance, Executive Behavior
LifePoint’s Q2 Net Income Drops 32% on Declining Admissions, Surgeries
UHS Posts 41% Boost in Q2 Profit

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.