Community Health Systems
Shares in Franklin, Tennessee headquartered Community Health Systems Inc. rose 0.18%, ending Thursday's trading session at $5.47. The stock recorded a trading volume of 1.82 million shares. The Company's shares are trading 16.32% below their 50-day moving average. Moreover, shares of Community Health Systems, which together with its subsidiaries, owns, leases, and operates general acute care hospitals in the US, have a Relative Strength Index (RSI) of 34.51.
On December 22nd, 2016, Community Health Systems announced that subsidiaries of the Company have completed the sale and leaseback of ten medical office buildings for $163 million to HCP, Inc. The buildings, with a combined total of 756,183 square feet, are located in five states and support a wide array of diagnostic, medical and surgical services in an outpatient setting for their respective hospitals. Visit us today and download your complete report on CYH for free at:
Nashville, Tennessee headquartered HCA Holdings Inc.'s stock climbed 0.60%, closing the day at $73.96 with a total trading volume of 1.56 million shares. The Company's shares have advanced 5.52% in the last month and 9.36% on an YTD basis. The stock is trading 1.38% below its 50-day moving average. Additionally, shares of HCA Holdings, which through its subsidiaries, provides health care services in the US, have an RSI of 50.32.
On November 16th, 2016, HCA announced that Samuel N. Hazen, the Company's Chief Operating Officer, has been promoted to President and Chief Operating Officer, effective immediately. A 33-year veteran of the nation's largest investor-owned healthcare provider, Hazen has served as COO since January 2015. The complimentary research report on HCA can be accessed at:
On Thursday, shares in Dallas, Texas headquartered Tenet Healthcare Corp. recorded a trading volume of 2.13 million shares, and ended the day 0.60% lower at $14.79. The stock is trading below its 50-day moving average by 17.06%. Shares of the Company, which together with its subsidiaries, primarily operates acute care hospitals and related healthcare facilities, have an RSI of 35.13.
On December 01st, 2016, Tenet Healthcare completed its previously announced private offering of $750 million aggregate principal amount of senior secured second lien notes maturing in 2022. The net proceeds of the notes will be used, after payment of fees and expenses, to repay indebtedness outstanding under Tenet's senior secured revolving credit facility and for general corporate purposes. Register for free on Stock-Callers.com and download the PDF research report on THC at:
Lewisville, Texas-based Adeptus Health Inc.'s stock gained 0.13%, finishing yesterday's session at $7.81 with a total trading volume of 546,699 shares. The Company's are trading below their 50-day moving average by 52.87%. Shares of the Company, which owns and operates a network of independent freestanding emergency rooms in the US, have an RSI of 18.15.
As per a SEC filing dated 21st, December 2016, Graham B. Cherrington's employment as President and Chief Operating Officer of Adeptus Health Inc. was terminated on December 02nd, 2016. On December 15th, 2016, the Company and Mr. Cherrington entered into a Separation and Release Agreement. Subject to the terms and conditions of the Separation Agreement, Mr. Cherrington will be entitled to the following benefits: (i) a cash payment equal to $550,000, subject to standard payroll deductions and withholdings, paid in equal installments per the Company's payroll practices over a period of 12 months; (ii) payment of the employer portion of health insurance premiums for health insurance coverage for a period of 12 months; and (iii) tax return preparation services for his 2016 federal tax return. Get free access to your research report on ADPT at:
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