Research Reports Coverage on Hospitals Stocks - Tenet, HCA Holdings, Select Medical, and Adeptus - Insurance News | InsuranceNewsNet

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March 21, 2017 Newswires
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Research Reports Coverage on Hospitals Stocks — Tenet, HCA Holdings, Select Medical, and Adeptus

PR Newswire

NEW YORK, March 21, 2017 /PRNewswire/ --

Today's reports coverage has been initiated by Stock-Callers.com on Tenet Healthcare Corp. (NYSE: THC), HCA Holdings Inc. (NYSE: HCA), Select Medical Holdings Corp. (NYSE: SEM), and Adeptus Health Inc. (NYSE: ADPT). These Hospitals are engaged in providing medical, diagnostics, and treatment services to those in need. They also operate a variety of health care facilities such as specialized care, surgery, and emergency centers. These stocks research reports can be downloaded now by simply registering for free at:

http://stock-callers.com/registration

Tenet

Dallas, Texas headquartered Tenet Healthcare Corp.'s stock finished Monday's session 2.40% lower at $17.52. A total volume of 3.08 million shares was traded, which was above their three months average volume of 3.04 million shares. Over the previous three months and since the start of this year, the Company's shares have advanced 19.18% and 18.06%, respectively. The stock is trading below its 50-day moving average by 6.96%. Moreover, shares of Tenet Healthcare, which together with its subsidiaries, operates as a diversified healthcare services company, have a Relative Strength Index (RSI) of 39.63.

On March 10th, 2017, Tenet Healthcare and Blue Cross and Blue Shield of Texas (BCBSTX) have signed a new agreement providing patients with BCBSTX health insurance uninterrupted in-network access to Tenet's hospitals, employed physicians and outpatient centers in the state. The multi-year agreement includes all of BCBSTX's commercial and traditional PPO and HMO products. The contract also adds Tenet's newest teaching hospital, The Hospitals of Providence Transmountain Campus, in El Paso. Tenet and BCBSTX also have an accountable-care arrangement covering more than 80,000 lives, with an aim of reducing costs, increasing efficiency, and improving quality. Your complete research report on THC can be retrieved for free at:

http://stock-callers.com/registration/?symbol=THC

HCA Holdings

Shares in Nashville, Tennessee headquartered HCA Holdings Inc. declined 0.79%, ending yesterday's session at $83.92, with a total trading volume of 1.87 million shares. The stock has gained 12.70% in the previous three months and 13.37% on an YTD basis. The Company's shares are trading 1.05% above their 50-day moving average and 7.83% above their 200-day moving average. Moreover, shares of HCA Holdings, which through its subsidiaries, provides health care services in the US and England, have an RSI of 46.08.

As per a SEC filing dated March 20th, 2017, HCA Inc., a direct, wholly owned subsidiary of HCA Holdings, Inc., entered into a joinder agreement on March 20th, 2017, to refinance its existing senior secured term B-6 loan credit facility maturing on March 18th, 2023 and pay related fees and expenses with a new $1.489 billion senior secured term B-9 loan credit facility maturing on March 18th, 2023 on substantially the same terms as its existing senior secured term B-6 loan credit facility. A free report on HCA is just a click away at:

http://stock-callers.com/registration/?symbol=HCA

Select Medical

On Monday, Mechanicsburg, Pennsylvania headquartered Select Medical Holdings Corp.'s stock saw a drop of 1.57%, to close the day at $12.50, with a total trading volume of 676,486 shares. The Company's shares are trading 0.81% below their 200-day moving average. Shares of the Company, which through its subsidiary, Select Medical Corporation, operates specialty hospitals, outpatient rehabilitation clinics, and occupational medicine centers in the US, have an RSI of 35.60.

On March 08th, 2017, Select Medical, a wholly-owned subsidiary of Select Medical Holdings, announced a joint venture agreement with Dignity Health to construct and operate a 60-bed acute inpatient rehabilitation hospital in the greater Las Vegas metro area. The new hospital, due to open in 2018, will be built directly adjacent to the existing St. Rose Dominican Siena Campus, the largest hospital in Henderson, Nevada. Select Medical is the majority owner in the joint venture and will manage operations of the new hospital. The agreement also includes joint operation of 12 outpatient rehabilitation clinics in the Las Vegas market, including 11 existing Select Medical locations and one Dignity Health center. Sign up for your complimentary research report on SEM at:

http://stock-callers.com/registration/?symbol=SEM

Adeptus

Shares in Lewisville, Texas-based Adeptus Health Inc. ended the day 3.14% higher at $1.64. A total volume of 881,667 shares was traded. The stock is trading below its 50-day moving average by 73.86%. Furthermore, shares of Adeptus Health, which owns and operates a network of independent freestanding emergency rooms in the US, have an RSI of 20.96.

As per a SEC filing dated March 13th, 2017, the Company's subsidiary First Choice ER LLC and certain of its affiliates entered into that certain third amendment, dated as of March 07th, 2017, amending certain terms of the credit agreement, dated of October 06th, 2015, by and among the Borrower, the guarantors named therein, the lenders named therein and Bank of America, N.A., as administrative agent. Register for free on Stock-Callers.com and download the latest research report on ADPT at:

http://stock-callers.com/registration/?symbol=ADPT

Stock Callers:

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

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The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

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SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

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