Wells Fargo upgrades hospital sector

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
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LifePoint exec sheds shares

Paul Gilbert, the former Waller Lansden attorney who joined his client LifePoint Hospitals in August 2006, last Thursday lightened his holdings in the hospital company by more than a tenth, grossing about $215,000. Shares of Brentwood-based LifePoint (Ticker: LPNT) have risen about 30 percent this year.
Dec 7, 2009 7:37 AM

Analysts warm to LifePoint

While the analysts at Morgan Stanley are cautious about the outlook for hospitals in 2010, they did yesterday begin covering shares of LifePoint Hospitals (Ticker: LPNT) at 'overweight.' Soleil Securities' A.J. Rice is even more upbeat. He has maintained his 'buy' rating and hiked his target by 16 percent.
Dec 3, 2009 12:41 PM

CCA, LifePoint execs sell part of holdings

Richard Seiter, chief corrections officer at Corrections Corp. of America, on Tuesday sold 4,500 shares of the company for about $113,000. Shares of CCA (Ticker: CXW) have risen about 50 percent in the past six months. Over at LifePoint, Group President Joné Law Koford pocketed about $155,000 from the sale of almost 5,200 of her shares. Shares of the Brentwood-based hospital chain (Ticker: LPNT) are up about 14 percent since May.
Nov 19, 2009 1:37 PM

Rash joins M&A fray in Ohio

Marty Rash's RegionalCare Hospital Partners has submitted a bid to buy Clinton Memorial Hospital in Wilmington, Ohio, which also is talking to a joint venture that includes LifePoint.
Nov 18, 2009 7:57 AM

LifePoint explains admissions slump

LifePoint Hospitals CEO William Carpenter said on a conference call Friday that the hospital company’s 3.7 percent drop in third-quarter admissions was largely the result of a switch from short-stay admissions to observation visits. “We remain confident we’re not losing market share but are capturing the same patient on an outpatient basis,” he said. Investors seem to be OK with that explanation: LifePoint shares (Ticker: LPNT) are up about 2.5 percent today and have risen more than 5 percent since their Friday morning low. Year to date, they've gained 30 percent.
Nov 9, 2009 1:29 PM
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LifePoint beats Q3 estimate

Same-hospital admissions fall
Nov 6, 2009 11:27 AM

'Even without an IPO, we'd own HCA'

Analyst likes debt of hospital giant and other locals, chides CHS for not lowering costs
Oct 27, 2009 3:08 PM

LifePoint Louisiana hospitals to merge

Two Louisiana hospitals owned by LifePoint (Ticker: LPNT) plan to merge and become a single health system, the Daily World reports. The two hospitals, which have a combined 147 beds, are located 18 miles apart in Eunice and Ville Platte.
Oct 26, 2009 9:21 AM
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Analyst blasts LifePoint's management

Now at Pali Research, veteran researcher calls leadership weakest in sector, sees no earnings growth in coming year
Oct 22, 2009 3:26 PM