Tenet Healthcare Corp

On July 9, the Affordable Care Act’s constitutionality was debated in the US Court of Appeals. How did healthcare stocks react?

In the third quarter, DaVita’s total revenue rose YoY (year-over-year) to $2.85 billion from $2.76 billion.

After a relatively lackluster performance in 2017, the three major for-profit hospital stocks in the US have seen a rapid rise in 2018.

Amedisys operates 83 hospice care centers across 22 states in the US.

Of the four analysts covering Civitas Solutions, two analysts have given the stock a “strong buy” rating, and two analysts have given it a “buy” rating.

Almost Family’s (AFAM) Other Home-Based Services segment includes traditional personal care services.

In March 2018, of the five analysts covering Almost Family, one has given the stock a “strong buy” rating.

To better position itself and compete effectively in this evolving healthcare environment, Tenet Healthcare has taken a number of steps.

At the end of December, Tenet Healthcare operated 76 hospitals, 20 surgical hospitals, and over 470 outpatient centers in the United States.

American Renal Associate Holdings (ARA) is the largest dialysis services provider in the United States.

Between November 22 and February 21, Universal Health Services stock has risen 19% to reach $117.

Auto-enrollment is now being considered as an alternative to the individual mandate of Obamacare—something that would reduce the current penalty to $0.

Rising interest rates don’t negatively affect healthcare as much as some other industries. But it has still underperformed since the US elections.

Last week brought the total US dollar-denominated issuance of high-yield debt to $61.6 billion YTD in 2016—47.0% lower compared to the same period in 2015.

In a press release, Pfizer announced US Food and Drug Administration (or FDA) approval of Inflectra.

The mid-cap stocks of the Health Care Select Sector SPDR ETF (XLV) fell collectively by 2.6%. They underperformed XLV as of March 8, 2016.

Wall Street analysts have projected that Universal Health Services’ net profit margin will increase marginally from 7.5% in 2015 to 7.6% in 2016.

Universal Health Services’ acute care revenues rose by 10.9%, from approximately $4.2 billion in 2014 to $4.6 billion, in 2015.

On February 26, 2016, Universal Health Services (UHS) was trading at a forward PE (price-to-earnings) multiple of about 13.8x.

XLV rose 1.4% on February 22, 2016, as 52 of its holdings posted positive returns. Only four of XLV’s stocks ended in the red.

What drives LifePoint’s revenue? Major revenue drivers for LifePoint Health (LPNT) include: Equivalent admissions Medicare case mix index Average length of stay Inpatient and outpatient surgeries Emergency room visits Outpatient factor To learn more about the company’s organic growth strategy, please refer to Organic growth strategy at LifePoint Hospitals. Admissions on a consolidated basis LifePoint’s consolidated […]

In 2015, HCA Holdings’s bad debt expense—represented by the provision for doubtful accounts—totaled $3.9 billion. It rose by ~23.5% YoY (year-over-year).

In 2015, HCA Holdings deployed ~$2.4 billion in capital expenditure. It planned to increase capital spending to $2.7 billion in 2016.

In 4Q15, HCA Holdings earned ~$6.1 billion in revenue from inpatient admissions. It also earned about $4.1 billion in revenue from outpatient admissions.

If you’re a moderate investor invested in high-yield bond mutual funds, you could consider moving some of your assets to investment grade funds (OPIGX).

The Health Care Select Sector ETF (XLV) rose by 1.1% and closed at $72.38 on December 23. XLV is trading well above its 20-day, 50-day, and 100-day moving averages.

The stocks at the top of the SPDR S&P 500 ETF (SPY) on Monday, December 21, 2015, were ONEOK (OKE), Tenet Healthcare (THC), and Consol Energy (CNX).

The technology sector, represented by the Technology Select Sector SPDR ETF, rose by 1.0% on December 21 as the stocks of Apple, Microsoft, and Alphabet rose.

With a return of 0.15%, Tenet Healthcare (THC) was the only stock among XLV’s mid caps that gave a positive return on December 9.

On December 1, the healthcare-services subgroup outperformed all other subgroups in XLV with a return of 3.3%. The biotechnology subgroup returned 0.8%.

Patterson Companies (PDCO) fell 6% on its lower-than-expected fiscal 2Q16 results. Investors were disappointed with increasing operating expenses.

XLV closed at $71.56 on November 24, 2015, trading 0.35% below the 100-day moving average price of $71.89 and 0.2% above the 20-day moving average price of $71.40.

J.M. Smucker posted EPS of $1.62, beating the consensus estimate of $1.52. It also reported net sales of ~$2.1 billion, in line with the market expectation.

The Health Care Select Sector SPDR ETF tumbled -1.7% on November 19 after UnitedHealth Group lowered its profit expectations for 2015 and cut its earnings forecast.

At the Stifel 2015 Healthcare Conference, PerkinElmer presented its current position as well as its future growth and strategies for different markets.

US investors seemed to take the weak Chinese manufacturing data released by Caixin in stride on November 2. China’s PMI rose from September’s reading of 47.2 to 48.3 for October 2015.

MEDNAX’s YTD price movement was a mix of rises and falls in 2015. After the earnings report, MEDNAX fell 3.4% to close at $71.3 per share as of October 29, 2015.

In 3Q15, Universal Health Services was actively involved in exploring growth opportunities, both in its acute care as well as behavioral health business.

The Health Care Select Sector SPDR ETF (XLV) offers a range of investment opportunities in different sectors of the biotech industry.

Healthcare stocks like Tenet Healthcare, Universal Health Services-B, and Endo International fell by 4.50%, 4.10%, and 3.98%, respectively, on September 24.

Patterson Companies was the worst performer within the Health Care Select Sector SPDR ETF (XLV) for the period between August 25 and August 31, with a return of -4.10%.

High-yield bond issuance has clearly fallen as 2015 has progressed. For most of the first five months of 2015, issues related to refinancing needs dominated the primary market for high-yield bonds.

Universal Health Services’ behavioral health segment registered 14% growth in total revenue—from $946 million in 1Q14 to $1,076.3 million in 1Q15.

HCA Holdings stock rose on positive developments that prompted a major healthcare ETF, the Health Care Select Sector SPDR Fund (XLV), to add it to its portfolio.

HCA Holdings (HCA) operating expenses are expected to rise in 2015 as the hospital operator continues to employ more physicians. Salary per admission at the company is currently $5,600.

Same-facility inpatient admissions rose by 5.1% in 1Q15 on a year-over-year basis. Same-facility equivalent admissions, a measure of total inpatient and outpatient admissions, grew by 6.8%.

LifePoint Hospitals’ ambitious acquisition strategy is to buy hospitals in states that are adopting or are thought to be adopting Medicaid expansion.

Although the increase in total admissions for behavioral health has been more than the acute care segment, revenue per admission declined for the former segment.