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Investor-Owned Hospitals

CHS sells eight hospitals to Steward Health Care

CHS sells eight hospitals to Steward Health Care

Community Health Systems has agreed to sell eight hospitals to subsidiaries of Steward Health Care in its single biggest divestiture package to date. Three of the hospitals are in Florida, three in Ohio and two in Pennsylvania.

HCA Holdings expects to report strong income, patient volume for 2016

HCA Holdings is expecting to report $4.5 billion in income before taxes for 2016, a 13.7% increase from the previous year. The Nashville-based system also expects to report a 1.6% increase in same-facility admissions for the fourth quarter of 2016 compared to the same period in the previous year.

Iasis posts losses in farewell to Arizona insurance exchanges

Iasis Healthcare is making a year-end exit from the Arizona insurance exchanges but not before racking up more big losses on the business. It contributed the largest share of a $76.3 million net loss from continuing operations in the company's fiscal fourth quarter.

UHS stock plunges following Buzzfeed investigation

The share price of Universal Health Services plunged 12% Wednesday after BuzzFeed published an investigative story alleging the for-profit hospital operator kept psychiatric patients longer than necessary to milk their insurance.

Investors still punishing hospital companies on ACA repeal fears

Investors still punishing hospital companies on ACA repeal fears

Investors have yet to put a floor beneath hospital and physician-staffing stocks that plummeted after Donald Trump's election to the presidency. Many provider stocks are down double digits since Tuesday on what executives believe are exaggerated jitters.

Quorum Health makes priority of 8-hospital divestiture

Quorum Health makes priority of 8-hospital divestiture

Management of Quorum Health Corp. is negotiating to sell five more of its money-losing hospitals to go along with two already under contract. Though divestitures are a priority, Quorum has expressed an interest in acquiring a hospital in Huntsville, Texas.

Hospitals fret over financial impact of ACA repeal

Hospitals fret over financial impact of ACA repeal

Hospitals and physicians are having a hard time grasping how the Affordable Care Act can be repealed by the Trump administration without a plan to replace or continue coverage for the nearly 20 million Americans who are now insured on the exchanges or through Medicaid expansions in 32 states.

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