Despite what appeared to be a slow financial start [1] for hospitals in 2009, an analysis by research firm Thomson Reuters concluded that profits shot upward dramatically [2] into the second quarter of this year. Still, about 20 percent of hospitals had negative total margins during that same period, putting somewhat of a damper on things.
So how did hospital chains fare in the third quarter of 2009? Do any systems have anything to look forward to? We took a closer look at the earnings reports for five of the largest, publicly-trade hospital chains to find out more:
- Community Health Systems (CYH) [3]
- Tenet Healthcare (THC) [4]
- Health Management Associates (HMA) [5]
- Universal Health Services (UHS) [6]
- LifePoint Hospitals (LPNT) [7]
Links:
[1] http://www.fiercehealthcare.com/story/new-research-says-u-s-hospitals-trouble/2009-03-02
[2] http://www.fiercehealthfinance.com/story/hospital-profits-shoot-upward-between-q3-08-and-q209/2009-11-11
[3] http://www.fiercehealthfinance.com/story/community-health-systems-cyh-q3-results-q3-top-hospital-chains-earnings-report/2009-11-17
[4] http://www.fiercehealthfinance.com/story/tenet-healthcare-thc-q3-results-q3-top-hospital-chains-earnings-report/2009-11-17
[5] http://www.fiercehealthfinance.com/story/health-management-associates-hma-q3-results-q3-top-hospital-chains-earnings-report/2009-11-17
[6] http://www.fiercehealthfinance.com/story/universal-health-services-uhs-q3-results-q3-top-hospital-chains-earnings-report/2009-11-17
[7] http://www.fiercehealthfinance.com/story/lifepoint-hospitals-lpnt-q3-results-q3-top-hospital-chains-earnings-report/2009-11-17
