Activist investors took varied approaches with the three largest hospital chains.
Oklahoma University Medicine completed its $750 million buyout of HCA Healthcare's management agreement and ownership stake of its hospital facilities, which moved forward even though OU Medicine's proposed affiliation with SSM Health fell through.
Hospital executives can push the limits in reporting the size of charity care provided.
HCA-owned East Houston Regional Medical Center will not reopen after the flood damage it sustained from Hurricane Harvey.
HCA will train Meharry Medical College students at HCA's TriStar Southern Hills Medical Center, giving Meharry medical students a more consistent experience.
As expected, hurricanes and Medicaid woes are among the causes HCA, the nation's largest hospital chain faced a tough third quarter.
The four HCA hospitals in the Houston area allegedly secured free or heavily discounted patient ambulance services in exchange for their Medicare and Medicaid transport business.
Big hospital chains like HCA and Tenet expect to see a dent in their third-quarter earnings thanks to hurricanes and soft admissions. While hurricane damage may be a short-term issue, sinking admissions are here to stay industrywide.
Three of the nation's largest hospital chains—HCA, LifePoint Health and Universal Health Services—had each posted 1% gains in share prices Wednesday afternoon.
HCA is large enough to buy Tenet Healthcare. But antitrust regulators are likely to cast a wary eye toward HCA combining its 14 hospitals in South Florida with Tenet's 10 hospitals there.
Hospital stocks were pressured Wednesday by the potential impacts of fast-moving Hurricane Irma and Senate legislation to replace Obamacare.
In a rational political environment, there's a strong argument for tax reform—the next item on President Donald Trump's agenda. But we don't live in such an environment. Cutting taxes when the economy is near full employment will do nothing more than blow a massive hole in the federal budget.