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Stock Market & Financial Investment News

News Breaks
November 26, 2012
06:38 EDTCYHCommunity Health downgraded to Neutral from Outperform at RW Baird
Baird is more neutral on hospitals given difficult 2013 industry fundamentals, likely provider care rate cuts given deficit issues, and increased risks for delays in exchange open implementation. Price target lowered to $31 from $33.
News For CYH From The Last 14 Days
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October 16, 2014
15:10 EDTCYHAmerican College of Gastroenterology to hold annual meeting
ACG Annual Scientific Meeting 2014 to be held in Philadlephia, PA on October 17-22.
October 13, 2014
08:03 EDTCYHCommunity Health to divest Harsville, SC hospital to Capella Healthcare
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October 7, 2014
06:03 EDTCYHCMS readmission penalties increase in 2015, says Wells Fargo
Wells Fargo says CMS released the final 2015 IPPS payment penalties for hospital readmissions, with incremental earnings Impact of down 0.2% to down 1.9% at for-profit hospitals. The firm estimates Community Health Systems (CYH) and Tenet Health (THC) will see the largest incremental reimbursement reduction in 2015, equal to down 1.9% and down 1.4%, respectively. It notes 2015 is the third year of hospital readmission penalties with a maximum penalty of 3%, up from 2% in 2014 and 1% in 2013. Wells has Outperform ratings on Community Health and HCA Holdings (HCA), and Market Perform ratings on LifePoint Hospitals (LPNT), Tenet and Universal Health (UHS).

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