Click here to close now.

SYS-CON MEDIA Authors: Bob Gourley, Mike Kavis, Elizabeth White, John Treadway, SmartBear Blog

News Feed Item

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]

--

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]

--

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]

--

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]

--

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]

--

Consider Investors Alliance

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Patricia Byers
Email: press@ investors-alliance.com
Main: +1-(408)-745-7826


SOURCE Investors-Alliance

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
With IoT exploding, massive data will transform businesses with opportunities to monetize almost anything that can be measured. In this C-Level Roundtable Discussion at @ThingsExpo, Brendan O’Brien, Aria Systems Co-founder and Chief Evangelist, will lead an expert panel of consultants, thought leaders and practitioners who will look at these new monetization trends, discuss the implications, and detail lessons learned from their collective experience. Finally, the panel will point the way forw...
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable o...
SOASTA, the leader in performance analytics, today reported record growth of the CloudTest community, exceeding 30,000 registered users of the CloudTest platform in Q1 2015. SOASTA also announced widespread adoption of its Web and mobile testing solutions, with more than 1,600 customers completing more than 285,000 tests using CloudTest during the quarter. This rapid growth shows that DevOps-driven digital businesses are embracing a more continuous approach to testing, and CloudTest is meeting t...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists will discuss how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations m...
of cloud, colocation, managed services and disaster recovery solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. TierPoint, LLC, is a leading national provider of information technology and data center services, including cloud, colocation, disaster recovery and managed IT services, with corporate headquarters in St. Louis, MO. TierPoint was formed through the strategic combination of some of t...
How is unified communications transforming the way businesses operate? In his session at WebRTC Summit, Arvind Rangarajan, Director of Product Marketing at BroadSoft, will discuss how to extend unified communications experience outside the enterprise through WebRTC. He will also review use cases across different industry verticals. Arvind Rangarajan is Director, Product Marketing at BroadSoft. He has over 19 years of experience in the telecommunications industry in various roles such as Softw...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) ap...
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
The IoT Bootcamp is coming to Cloud Expo | @ThingsExpo on June 9-10 at the Javits Center in New York. Instructor. Registration is now available at http://iotbootcamp.sys-con.com/ Instructor Janakiram MSV previously taught the famously successful Multi-Cloud Bootcamp at Cloud Expo | @ThingsExpo in November in Santa Clara. Now he is expanding the focus to Janakiram is the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquir...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
What exactly is a cognitive application? In her session at 16th Cloud Expo, Ashley Hathaway, Product Manager at IBM Watson, will look at the services being offered by the IBM Watson Developer Cloud and what that means for developers and Big Data. She'll explore how IBM Watson and its partnerships will continue to grow and help define what it means to be a cognitive service, as well as take a look at the offerings on Bluemix. She will also check out how Watson and the Alchemy API team up to off...
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at 16th Cloud Expo, Haseeb Budhani, CEO and Co-founder of Soha, will share five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the frict...
SYS-CON Media announced today that John Treadway’s blog has exceeded 475,000 page views. John Treadway, Vice President at Cloud Technology Partners, has surpassed 475,000 page views on the SYS-CON family of online magazines, which includes Cloud Computing Journal, Internet of Things Journal, Big Data Journal, Microservices Journal, and several others. His blog home page at SYS-CON can be found at JohnTreadway.SYS-CON.com.
SYS-CON Events announced today that Column Technologies, a global technology solutions company, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1998, Column Technologies is a leader in application performance and infrastructure management for commercial and federal markets. The company is headquartered in the United States, with a diverse and talented team of more than 350 employees around th...