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Morgan Stanley Sees Early Benefits from Reform for LifePoint Hospitals

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In a report published Monday, Morgan Stanley analyst Andrew Schenker reiterated an Equal-Weight rating on LifePoint Hospitals (NASDAQ: LPNT).

In the report, Morgan Stanley noted, “Early benefits from reform exceeded expectations with a ~26% decline in self-pay admissions. LPNT now expects reform benefit to be at the high end of their guidance range of 4% to 5% of adj. EBITDA. However, underlying utilization trends remained an overhang on performance.”

LifePoint Hospitals closed on Friday at $56.87.

Latest Ratings for LPNT

DateFirmActionFromTo
Jul 2018MaintainsNeutralNeutral
Jul 2018MaintainsMarket PerformMarket Perform
Jul 2018DowngradesOutperformNeutral

View More Analyst Ratings for LPNT
View the Latest Analyst Ratings

Posted-In: Andrew Schenker Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

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