Sun Healthcare Group, Inc. (SUNH) - NASDAQ
SUNH is defunct.
  • Jun. 21, 2012, 9:10 AM
    Premarket gainers: ONXX +37%. SUNH +36%. EGLE +22%. CHTP +13%. RAD +6%.
    Losers: KEG -14%. CELG -11%. BBBY -11%. RHT -9%. MAIN -5%.
    | Jun. 21, 2012, 9:10 AM
  • Jun. 20, 2012, 5:23 PM
    Sun Healthcare (SUNH) resumes trading +35.2% AH after announcing it agreed to be acquired by Genesis HealthCare for $8.50/share.
    | Jun. 20, 2012, 5:23 PM
  • Jun. 20, 2012, 4:39 PM

    Sun Healthcare (SUNH) announces it has signed an agreement to be purchased by Genesis HealthCare for $8.50/share in cash, a 38.4% premium to today's close. Shares are halted AH. (PR)

    | Jun. 20, 2012, 4:39 PM
  • May 8, 2012, 2:31 PM

    Shares of Sun Healthcare Group (SUNH -16.9%) get slammed after its Q1 met EPS estimates but missed on revenue. Overall revenue fell slightly Y/Y/, due in large part to the CMS Final Rule for Medicare reimbursement that became effective late last year. CEO William Mathies also adds that the reimbursement changes are continuing to have "a significant year-over-year impact" on the company's operations.

    | May 8, 2012, 2:31 PM
  • Jan. 4, 2012, 5:22 PM
    Shares of hospital firms extended their decline over concerns that government spending may dry up. A Citigroup note yesterday pinpointed eight firms heavily reliant on Medicare funding that could be especially vulnerable, and each has dropped sharply over two days: HCA -5.6%, HMA -3.4%, LPNT -4.1%, SUNH -3.9%, UHS -4.8%, THC -8.8%, LNCR -4.4%, AHS -8.4%.
    | Jan. 4, 2012, 5:22 PM
  • Jan. 3, 2012, 12:34 PM

    Citigroup sends hospital stocks lower with an in-depth report in which it downgrades eight firms in the sector and provides a gloomy forecast for government health-care spending. THC -2.73%, SUNH -1.03%, LNCR -2.94%, AHS -5.6%, HCA -1.7%, HMA -1.9%, LPNT -1.88%, and UHS -2.75%.

    | Jan. 3, 2012, 12:34 PM
  • Sep. 30, 2011, 9:39 AM

    Sun Healthcare (SUNH) falls 6.8% after updating investors with lower guidance for FY11 after reviewing the impact of new rules for skilled nursing facilities. The company now sees revenue between $1.925B-$1.945B - down from previous guidance of $1.95B-$1.995B - and EPS falling in a range of $0.83-$0.94.

    | Sep. 30, 2011, 9:39 AM
  • Aug. 1, 2011, 9:41 AM

    Shares of health-care providers tumble after Medicare announced late Friday that it will cut payment rates to skilled nursing facilities by 11.1% next fiscal year. The decision adjusts for an "unexpected spike" in nursing-home payments this fiscal year. SUNH -54.3%, KND -25.5%, SKH -39.2%, FVE -8.5%, ENSG -16.9%, SRZ -2.9%, NHC -12%, AMED -2.3% (earlier).

    | Aug. 1, 2011, 9:41 AM | 2 Comments
  • Aug. 1, 2011, 9:23 AM

    Shares of Sun Healthcare (SUNH) freefall after U.S. regulators slash 2012 Medicare payments to nursing home operators. Oppenheimer and Morgan Keegan chipped in with downgrades on the news. Shares -45% premarket.

    | Aug. 1, 2011, 9:23 AM
  • Jul. 19, 2011, 2:58 PM

    Jefferies downgrades Kindred Healthcare (KND -0.4%), Skilled Healthcare (SKH -0.3%) and Sun Healthcare (SUNH -1.8%) to Hold from Buy based on an increasing likelihood that skilled nursing facilities and long-term care hospitals will face multiple years of Medicare pricing pressure, with the overhang keeping shares rangebound for the foreseeable future.

    | Jul. 19, 2011, 2:58 PM
Company Description
Currently, there's no company description for SUNH.
Sector: Healthcare
Industry: Long-Term Care Facilities
Country: United States