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Hospitals stand to gain after Obama’s re-election
Written by Delphos   
Thursday, December 13, 2012 8:38 PM

(Bloomberg) — HCA Holdings Inc. and other hospitals will get more paying customers while insurers like UnitedHealth Group Inc. will see profits squeezed as U.S. President Barack Obama moves to preserve the health-care overhaul he championed.

Obama’s re-election rallied shares of HCA Holdings Inc., the largest for-profit hospital company, by 9.4 percent the day following the election, while Community Health Systems Inc., which owns Lutheran Health Network, and Tenet Healthcare Corp. also gained on prospects for millions of newly insured patients being added to their admission rolls. UnitedHealth, the largest U.S. medical insurer, fell 3.8 percent Nov. 7, and Indianapolis-based WellPoint Inc. and Humana Inc. declined as the industry faces profit limits and new taxes to help pay for the coverage expansion.

Last Updated on Tuesday, April 09, 2013 6:14 PM
 

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