Health Care Facilities

PHC, Inc., d/b/a Pioneer Behavioral Health (NYSE: PHC), a leading provider of inpatient and outpatient behavioral health services, today announced that effective March 1, 2011, it had instituted a 28% rate increase with a major Las Vegas customer through its Harmony Healthcare unit, which will add...

In a recent report, Citi has raised the EPS on Community Health Systems (NYSE: CYH) from $2.83 to $2.93 and the price target on the company from $33.00 to $34.00 due to the sale of physician clinic and new "held-for-sale" hospital. In the report, Citi said, "We are slightly raising earnings...

In a recent report, Citi has raised EPS on Lifepoint Hospitals (NASDAQ: LPNT) from $2.98 to $3.03 and the price target on LPNT from $43.00 to $47.00 after a strong 1Q. In the report, Citi said, "We are raising our 12-month price target from $43 to $47. The target implies that LPNT shares can...

MedCath Corporation (Nasdaq: MDTH), a healthcare provider focused on high acuity healthcare services, today announced  that it has entered into definitive agreements relating to the sale of Arkansas Heart Hospital and Heart Hospital of New Mexico. MedCath Corporation announced today it has entered...

Merger activity decreased slightly last week with seven new deals announced and two closing. With four multi-billion dollar deals announced last week, according to Bloomberg 2011's global M&A activity now amounts to a total to $843 billion, a 23 percent increase from a year earlier. Deal...

In a recent report, Morgan Keegan has lowered the price target on Emeritus (NYSE: ESC) from $31.00 to $29.00 but maintained their Outperform rating after 1Q results were shy of Morgan Keegan's estimates. In the report, Morgan Keegan said, "We continue to believe Emeritus is well-positioned to...

Sunrize Senior Living (NYSE: SRZ) Reports Q1 Revenues of $320.7M vs. $305.44M Estimate

Morgan Keegan has lowered the price target on Emeritus Corporation (NYSE: ESC) from $31 to $29 and maintains its Outperform rating.

Below are the top small-cap specialized health services stocks on the NYSE, the NASDAQ and the AMEX in terms of revenue. The trailing-twelve-month revenue at Providence Service Corporation (NASDAQ: PRSC) is $879.70 million. PRSC's ROE for the same period is 31.28%. The trailing-twelve-month...

Emeritus (NYSE: ESC) Reports EPS of $(0.51) vs. $(0.32) Estimate; Revenues $300.2M vs. $300.1M Estimate

Citi has downgraded its rating from Buy to Hold and has lowered its price target from $17 to $12 on Sun Healthcare Group (NASDAQ: SUNH). According to Citi, “We are lowering our investment rating on SUNH from Buy/High Risk (1H) to Hold/Speculative Risk (2S). Despite the recent sell-off in the...

Citigroup has downgraded Sun Healthcare (NASDAQ: SUNH) from Buy to Hold and has lowered the price target from $17 to $12.

Emeritus Corporation (NYSE: ESC), a national provider of senior living services, today announced that the Company has entered into a purchase and sale agreement with affiliates of Blackstone Real Estate Advisors to acquire 24 assisted living communities comprised of approximately 1,867 units. The...

HealthSouth Corporation (NYSE: HLS) today announced it has entered into a definitive agreement to purchase substantially all assets of Drake Center's inpatient rehabilitation services and sublease space for the operation of a 38-bed inpatient rehabilitation hospital. It will be fully owned and...

Health Management Associates, Inc. (NYSE: HMA) announced today that it is reaffirming its annual diluted EPS from continuing operations objective range of between $0.74 and $0.78 for fiscal year 2011.