Hospital investors ‘sold’ on Obamacare

“Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama’s healthcare reform.  They expect company earnings to strengthen as more Americans gain insurance coverage and hospitals lose less money treating the uninsured. The reform law has spurred consolidation among hospitals, and further merger activity could lift valuations.  The biggest benefit from health reform is expected to be an influx of patients whose treatment will be paid for either through expanded Medicaid programs or from state-based exchanges.”

http://www.rawstory.com/rs/2013/06/19/hospital-investors-sold-on-obamacare-despite-bumps/

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