|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||75.56 - 77.75|
|52 Week Range||67.00 - 91.03|
|PE Ratio (TTM)||10.23|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
The Trump administration and top U.S. Senate Republicans pushed on Tuesday for action on a bill to dismantle Obamacare, but time was running out and they were still hunting for the votes needed to pass their latest attempt to gut the 2010 healthcare law. Vice President Mike Pence lunched with Republican lawmakers on Capitol Hill to urge them to approve the legislation introduced last week by Republican Senators Lindsey Graham and Bill Cassidy. Pence said President Donald Trump backed the bill.
Tenet Healthcare Corp (NYSE:THC) shares are soaring Thursday as the company is reportedly seeking a buyer to take over. For-profit hospital chains like HCA Healthcare Inc (NYSE:HCA) or Community Health Systems (NYSE:CYH) could be interested. A sale is not certain as Tenet Healthcare is seeking a way to restructure its finances, with a sale being the most likely outcome.
There could be many potential Tenet suitors from rival for-profit hospital chains like HCA Holdings or Community Health Systems to rivals in the outpatient care space like UnitedHealth Group’s Optum unit, which is seeking acquisitions of to bolster its business.