|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.28 - 14.68|
|52 Week Range||12.25 - 24.13|
|PE Ratio (TTM)||-7.51|
|Earnings Date||Nov 6, 2017|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||18.96|
A senior White House aide said on Thursday that U.S. President Donald Trump would demand steps toward repealing Obamacare in any healthcare legislation, comments that cast doubt on the prospects for a short-term bill to shore up insurance markets. Marc Short, the White House's top liaison to Congress, said on CNN that Obamacare's mandates and taxes would have to be rolled back and consumers be allowed to more heavily invest in health-savings accounts for Trump to sign off on any congressional deal.
Hospitals will most likely see rising bad debt in 2018 after President Trump ended Obamacare's cost-sharing reductions.
Healthcare stocks certainly look ghoulish this morning, with share prices for health insurers and hospitals in a free fall after President Trump announced plan to cut off billions of dollars in Obamacare subsidies. The loss of those payments, called cost-sharing reduction (CSR) payments, is a financial disaster for hospitals and some insurers, says Mizuho analyst Sheryl Skolnick. “Whatever the politics or policy behind this, the effect of the order is likely to be profoundly destabilizing, disruptive and potentially materially damaging to hospitals and those exchange plans are still required to offer benefits despite the loss of the CSR payment,” she says in a note published early this morning.
Tenet Healthcare Corp., other hospital chains and health insurers fell as President Donald Trump’s move to cut off subsidies to insurers is likely to have a “profoundly destabilizing” impact that could ...
President Donald Trump on Thursday signed an order to make it easier for Americans to buy bare-bones health insurance plans, using his presidential powers to undermine Obamacare after fellow Republicans in Congress failed to repeal the 2010 law. Trump issued the executive order aimed at letting small businesses band together across state lines to buy cheaper, less regulated health plans for their employees with fewer benefits.
Tenet Healthcare Corporation announced today that it has reached a definitive agreement with Loyola Medicine , an affiliate of Trinity Health, under which Loyola will purchase MacNeal Hospital – which is located in a suburb of Chicago – as well as other operations affiliated with the hospital.
In a recent article, Tyler Stratford, director of client operations at Canna Advisors, one of the top cannabis consulting firms in North America, shared a few fundamental tips for obtaining a marijuana ...
How powerful are Mexican drug cartels? What would a legal cannabis trade between the U.S. and its southern neighbor look like? Very few people are actually qualified to answer such questions. Luckily for ...
Just like cannabis businesses, stocks, publications and strains, weed-related events are multiplying at an unprecedented space. The problem is that, since the legal marijuana industry is still nascent, ...
Tenet Healthcare Corporation plans to report results for its third quarter ended September 30, 2017 after the market close on Monday, November 6, 2017.
The legal cannabis industry is growing at an unprecedented pace, and jobs continue to pop up like crazy, creating opportunities of all kinds. This is an industry that loves the Wall Street executive as ...
If you are looking to invest in Tenet Healthcare Corp’s (NYSE:THC), or currently own the stock, then you need to understand its beta in order to understand how it canRead More...
The U.S. Justice Department has brought new charges over a scheme that it says enabled Tenet Healthcare Corp to fraudulently bill state Medicaid programs for $400 million, according to an indictment made public on Wednesday.
U.S. Republicans on Tuesday fell short yet again in their seven-year drive to repeal Obamacare, in a bitter defeat that raises more questions about their ability to enact President Donald Trump's agenda. The party was unable to win enough support from its own senators for a bill to repeal the 2010 Affordable Care Act and decided not to put it to a vote, several Republicans said. The bill's sponsors vowed to try again, but face steeper odds after Sunday, when special rules expire that allow them to pass healthcare legislation without Democratic support.
Investors in Tenet Healthcare (THC) need to pay close attention to the stock based on moves in the options market lately.
As patients increasingly seek cheaper and more convenient care, some of the largest U.S. hospital operators are investing in surgery centers, emergency rooms and urgent care clinics.
A last ditch Republican effort to repeal Obamacare appeared doomed late on Monday after Senator Susan Collins became the third Republican senator to announce opposition to the bill. Collins, who joined Senators John McCain and Rand Paul in opposing the legislation, told reporters that sweeping cuts in the Medicaid program was the main reason for opposing the bill to end Obamacare, a top priority for President Donald Trump.