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Stock Market & Financial Investment News

News Breaks
March 18, 2013
05:45 EDTCYHCommunity Health upgraded to Buy from Hold at Jefferies
Jefferies upgraded Community Health citing expectations for Medicaid expansion as healthcare reform takes shape. The firm raised its price target for shares to $56 from $29.
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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