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Stock Market & Financial Investment News

News Breaks
December 27, 2012
11:32 EDTHNT, THCHealth Net terminates agreements with six Tenet Healthcare hospitals
Health Net (HNT) announced that its subsidiaries exercised their contractual option to terminate agreements with all six of Tenet Healthcare’s (THC) Southern California hospitals. The terminations were effective midnight on Dec. 21. Health Net and Tenet Healthcare were nearing the end of a three-year contract. Health Net said it believes Tenet’s reimbursement should be in line with the medical consumer price index, which currently averages more than 3%, and that reimbursement for state- and federally funded programs like Medi-Cal needs to be consistent with the funding for those programs. In recent discussions for a new contract, Health Net and Tenet have been unsuccessful in reaching agreement on reimbursement amounts.
News For HNT;THC From The Last 14 Days
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September 25, 2014
09:00 EDTHNTSterne Agee confident in Street high estimates for Health Net
Sterne Agee is confident in its Street high estimates for Health Net (HNT) following management meetings.. The analyst maintains its FY EPS estimate of $4.64 vs. consensus of $3.21 based on positive exchange utilization patterns, promising Duals results, and the outsourcing agreement with Cognizant.
September 24, 2014
06:45 EDTHNTGovernment says more health insurers to enter exchanges in 2015, NY Times says
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September 23, 2014
12:42 EDTTHCTenet deal could be small negative for athenahealth, says Wells Fargo
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10:36 EDTTHCTenet mentioned positively at Deutsche Bank
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08:17 EDTTHCConifer Health Solutions to acquire Spi Healthcare for $235M
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September 22, 2014
08:30 EDTTHCHospital price targets raised at SunTrust
SunTrust increased its price targets on companies in the hospital space, citing encouraging volume trends shown in a survey. SunTrust raised its price target on Community Health (CYH) to $66 from $55, on HCA Holdings (HCA) to $83 from $75, on LifePoint Hospitals (LPNT) to $80 from $76 and on Tenet (THC) to $68 from $58. SunTrust keeps Buy ratings on Community Health and HCA Holdings, and Neutral ratings on LifePoint and Tenet. It remains upbeat on the sector overall.
September 19, 2014
06:49 EDTHNTGovernment says 7.3M in private Obamacare plans, NY Times reports
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September 18, 2014
06:46 EDTTHCFTC challenging hospital mergers, NY Times reports
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September 17, 2014
14:54 EDTHNTHealth Net management to meet with Sterne Agee
Field trip to company headquarters to be held in Woodland Hills, CA on September 23 hosted by Sterne Agee.

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