Deutsche Bank is out with a research report today that evaluated acute care hospital companies including Tenet Healthcare THC, Community Health Systems CYH, Emergency Medical Services EMS, Health Management Associates HMA, LifePoint Hospitals LPNT, and Universal Health Services UHS.
In the report, Deutsche Bank states, "With the exception of THC, which we recently downgraded due to the stock price's recent run-up, we are very comfortable with our Buy ratings on the major investor-owned hospital chains (CYH, HMA, LPNT, and UHS) based on reasonable valuations, upside risks associated with health care reform, accretive acquisitions, the potential for better volume and mix with an economic recovery, and continued execution with expense management over the short run."
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