BUSINESSWEEK ONLINE : JULY 5, 1999 ISSUE
FINANCE

Intensive Care?


Most of the publicly owned nursing-home stocks have taken big hits

                         STOCK     DECLINE
                         PRICE      FROM
                         (6/22/99)  6/22/97

VENCOR                   19 cents   -99%   Overpaid for two acquisitions

SUN HEALTHCARE           34 cents   -98    Expanded at the wrong time

MARINER POST-ACUTE       56 cents   -96    A collection of three ailing
                                           companies

GENESIS HEALTH VENTURES  $4.31      -86    Ill-timed acquisitions

INTEGRATED HEALTH        $8.31      -78    Jumbled foray into disparate
                                           businesses

BEVERLY ENTERPRISES      $7.68      -53    Focused, had good foresight

HCR MANOR CARE          $25.50      -25    Best operator in the group


DATA: BUSINESS WEEK


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Nursing Homes: On the Sick List

TABLE: Intensive Care?



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