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Stock Market & Financial Investment News

News Breaks
April 25, 2014
10:31 EDTLPNTLifePoint Hospitals says ACA a 'net positive' so far
LifePoint Hospitals said on its Q1 earnings call that its quarterly results were favorably impacted by its growth strategy, continued focus on managing costs, and the early benefits of reform. "The overall challenging volume environment continued to be a headwind and our volumes in the quarter were impacted by limited flu activity across our hospitals and to a lesser extent severe weather," the company noted. Four months into the implementation of the Affordable Care Act the new healthcare law has been a "net positive" for LifePoint so far, as expected, the company said.
News For LPNT From The Last 14 Days
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October 16, 2014
10:01 EDTLPNTOn The Fly: Analyst Upgrade Summary
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07:14 EDTLPNTLifePoint Hospitals upgraded at RW Baird
As previously reported, Baird upgraded LifePoint to Outperform from Neutral. The firm upgraded shares based on valuation, M&A pipeline momentum, improved core operations, and potential further ACA benefit. Price target raised to $76 from $70.
06:09 EDTLPNTLifePoint Hospitals upgraded to Outperform from Neutral at RW Baird
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October 7, 2014
06:03 EDTLPNTCMS 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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