A doc in the West Virginia town whose residents have voiced their skepticism about LifePoint's acquisition overtures says the medical staff have done some research. But they really think other voices need to be heard in the debate.
“The public needs to have a say in the discussion. Does the public want to be served by a for-profit or a not-for-profit hospital?”Well, what do you think they're going to say? Your PR move, LifePoint. SEE ALSO: 'Why is LifePoint back again?'
Jan 12, 2010 9:26 AM
The folks in Princeton, W. Va., are up in arms about the potential sale of their city's public, nonprofit hospital to Brentwood-based LifePoint Hospitals, according to a story in today's Princeton Times.
Petitions opposing a PCH sale, particularly to LifePoint Hospitals, are reportedly circulating the area, and an ad purchased in this edition of the Princeton Times declares, “Concerned citizens oppose the sale of Princeton Community Hospital to a for-profit corporation. Why is LifePoint back again trying to buy our hospital?”
Jan 8, 2010 2:18 PM
An upgrade of Health Management Associates by Baird analyst Whit Mayo is giving a boost to shares of Community Health Sytems (Ticker: CYH) and, to a lesser extent, LifePoint Hospitals (Ticker: LPNT) heading into the weekend. Mayo based his upgrade on the expectation — also present among those watching the local hospital operators — that bad-debt costs are improving over last year's numbers and that successes in doctor recruiting are making their way to the bottom line.
Jan 8, 2010 12:55 PM
SmarTrend says a down day with big volume in shares of LifePoint Hospitals (Ticker: LPNT) suggests the hospital company may give up more of its 10 percent rally from the past month. The stock opened down about 1 percent this morning, but has clawed its way back to break-even on the day.
Jan 6, 2010 11:17 AM
Goldman Sachs isn't excited about the prospects for hospital stocks, but sees enough value in Tenet to move the stock (Ticker: THC) onto its 'conviction buy' list. Tenet's competitors, including locally based Community Health and LifePoint, aren't riding the 10 percent coattails today.
Jan 5, 2010 12:40 PM
LifePoint and RegionalCare will likely find out in a few weeks just how they might move forward with their bids to buy Clinton Memorial Hospital northeast of Cincinnati. County officials there have launched a public-comment period.
Dec 30, 2009 8:32 AM
When Nashville stocks were at their cheapest, most of the people who knew them best declined to put more skin in the game [From our print edition featured in Monday's City Paper]
Dec 26, 2009 12:20 PM
Koford to oversee hospital acquisition efforts
Dec 21, 2009 3:34 PM
Pali Research analyst Sheryl Skolnick gives kudos to LifePoint CEO Bill Carpenter, who didn't take his ball and go home after she came out swinging two months ago. Instead, Carpenter made himself and his team available to chat, a strategy that seems to have mollified Skolnick, who'll be in town for a sit-down soon.
Dec 15, 2009 12:40 PM
Analyst Gary Lieberman predicts share prices will rise as the Senate inches toward a health care reform bill. Locally, Community Health Systems’ stock (Ticker: CYH) closed 1.3 percent higher and shares of LifePoint Hospitals (Ticker: LPNT) closed 1.8 percent higher.
Dec 7, 2009 4:02 PM