These 6 largest Tennessee Health Care Companies have seen their equal-company-weighted average stock market prices increase by an off-the-charts 969% for the six years and three and a half months from March 6, 2009 through the most recent date June 19, 2015.
The US Supreme Court is finalizing its position on King vs Burwell. If it rules to eliminate health insurance premium subsidies in 34 US States, the economic result on US Citizen Stock Market Portfolios will be a huge haircut, especially since just these 6 largest Tennessee Health Care Companies presently have a Total Stock Market Capitalization of $27 bil buoyed by the many additional health care customers in the Health Insurance Exchanges under the ACA, coupled with the fact that the average stock market price appreciation of these 6 largest Tennessee Health Care Companies has been a massive 9 times since March 6, 2009.
It should be pointed out that the above Total Stock Market Capitalization of $27 bil excludes HCA whose Current Market Cap is $35 bil. HCA filed its IPO in March 2011 with an initial offering price of $30.00 and now sells for 84.40.
Below here are stock market prices on the most recent date June 19, 2015 and on March 6, 2009 for these 6 largest Tennessee Headquartered Health Care Companies, along with the related Stock Market Price Percentage Changes. The Companies are presented by Stock Market Capitalization:
Market | |||||
Price | |||||
% Change | |||||
Market | Market | 3-6-09 | |||
Price | Price | to | |||
Health Care Companies | HQs | 6-19-15 | 3-6-09 | 6-19-15 | |
$s | $s | ||||
Tennessee | |||||
Brookdale Senior Living | Brentwood | TN | 37.05 | 3.39 | 993% |
Community Health Systems | Franklin | TN | 56.52 | 13.95 | 305% |
Acadia Healthcare | Franklin | TN | 76.47 | 2.04 | 3649% |
AmSurg | Nashville | TN | 71.93 | 13.59 | 429% |
Lifepoint Hospitals | Brentwood | TN | 77.17 | 18.45 | 318% |
Wright Medical Group | Arlington | TN | 26.90 | 12.15 | 121% |
Average % Change all 6 Tennessee Health Care Companies With Market Cap > $1 Bil | 969% |