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Stock Market & Financial Investment News

News Breaks
February 24, 2014
09:09 EDTTHCTenet volatility elevated at 41 into Q4
Tenet March call option implied volatility is at 41, May is at 37, August is at 35; compared to its 26-week average of 36 according to Track Data, suggesting large near term price movement into the expected release of Q4 results today after the market close.
News For THC From The Last 14 Days
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October 7, 2014
06:03 EDTTHCCMS 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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