Despite Healthcare Issues, Hospital Outlooks Bode Well - Research Report on Universal Health Services, Community Health Systems, Tenet, Health Management Associates and HCA Holdings
NEW YORK, March 8, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Universal Health Services, Inc. (NYSE: UHS), Community Health Systems (NYSE: CYH), Tenet Healthcare Corp. (NYSE: THC), Health Management Associates Inc. (NYSE: HMA) and HCA Holdings Inc. (NYSE: HCA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Universal Health Services Inc. Research Report
It was a good 2012 Q4 for Universal Health Services as net revenues increased 6% to $1.76 billion as compared to $1.66 billion of the same quarter for 2011. Looking at a 12-month period, the company reported net income to $443.4 million, or $4.53 per diluted share in 2012 as compared to $398.2 million, or $4.04 per diluted share in 2011.This shows a healthy 3% growth in income. Universal Health Services, Inc. (UHS) is one of the largest and most respected hospital management companies in the nation. UHS subsidiaries own and operate 218 locally-managed facilities, including 25 acute care hospitals, 187 behavioral health facilities and six ambulatory surgery centers in 36 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, and employ more than 65,000 people. The Full Research Report on Universal Health Services Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9757_UHS]
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Community Health Systems Research Report
A 9% increase totaling to $3.3 billion in net operating revenues was reported by Community Health Systems for its 2012 Q4. Income from continuing operations increased to $85.6 million or $0.69 per diluted share for the last quarter ended Dec.31, 2012, as compared to $55.6 million or $0.38 per diluted share for the same period of 2011.Commenting on the results, Wayne T. Smith, chairman, president and CEO of Community Health Systems, Inc. said, "Our fourth quarter performance further extended Community Health Systems' consistent record of growth in 2012. Net operating revenues were up 9% and adjusted EBITDA increased by 3.9% over the fourth quarter last year. For the year, net operating revenues increased by 9.4 %to reach $13.0 billion. On a same-store basis, net operating revenues were up 5.5% and 4.6% for the fourth quarter and year, respectively, reflecting our consistent ability to improve operating results at the individual hospital level. We are also encouraged by the more favorable volume trends in 2012 compared with the prior year. The company is also set to participate in the Barclays Global Healthcare Conference on March 12-14, 2013, at the Loews Miami Hotel in Miami, Florida. Located in the Nashville, Tennessee, suburb of Franklin, Community Health Systems, Inc. is one of the largest publicly-traded hospital companies in the United States and a leading operator of general acute-care hospitals in non-urban and mid-size markets throughout the country. The Full Research Report on Community Health Systems - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/6887_CYH]
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Tenet Healthcare Corp. Research Report
Tenet has entered into a definitive agreement to acquire Emmanuel Medical Center - a 209-bed hospital located in Turlock, Ca. This acquisition will represent a significant step in the expansion of Tenet's integrated healthcare network in California's Central Valley region. Emmanuel Medical Center will join Doctors Medical Center of Modesto and Doctors Hospital of Manteca in providing patient-centered care in the region. Jedd Koury, SVP for Tenet's California region said that adding Emmanuel Medical Center with Tenet's existing hospitals "represents the alignment of leading healthcare organizations with a long history of providing high-quality patient care in the Central Valley region." Emanuel Medical Center will retain its affiliation with the Evangelical Covenant Church and its faith-based culture and practices. The acquisition is expected to be completed in the second quarter of 2013. The Full Research Report on Tenet Healthcare Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0211_THC]
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Health Management Associates Inc. Research Report
Health Management Associates and Bayfront Health System had executed a definitive agreement in St. Petersburg, Florida. The transaction is subject to the execution of a lease agreement between the partnership and the City of St. Petersburg, as well as customary regulatory approvals. As part of the joint venture, Health Management will acquire an 80% interest in Bayfront Health System, and introduce an affiliation with ShandsHealthCare, part of UF&Shands, the University of Florida Academic Health Center. Although terms of the transaction have not been disclosed, net proceeds of approximately $150 million will be invested in the new Bayfront HERO (Health, Education and Research Organization) Foundation. This foundation will invest in research and education in partnership with Bayfront Health System, Johns Hopkins/All Children's Healthcare and other healthcare and academic partners. Bayfront HERO will invest in a 20 percent ownership stake in the partnership. "Partnering with Bayfront Health System is a very exciting opportunity to not only strengthen our network of services in west central and southwestern Florida, but combine a shared culture of patient focused health care delivery," said President and Health Management CEO, Gary D. Newsome. The Full Research Report on Health Management Associates Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/4e69_HMA]
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HCA Holdings Inc. Research Report
HCA is the nation's leading provider of healthcare services that includes about 163 hospitals and 110 freestanding surgery centers in 20 states and England. The company has recently announced a secondary offering of 50 million shares of its common stock, mostly from stockholders consisting of affiliates of, or funds sponsored by Bain Capital Partners, LLC and Kohlberg Kravis Roberts & Co. (the Selling Stockholders). The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by management or the company. The Full Research Report on HCA Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/954b_HCA]
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SOURCE Investors-Alliance
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