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Wednesday, Nov 7
2012, 1:35 PM
Shares of major hospital companies jump today as fears are allayed over a Mitt Romney...
Shares of major hospital companies jump today as fears are allayed over a Mitt Romney administration that would undo Obamacare. The repeal of Obamacare would have meant that hospitals would have to put a large share of "bad debt" back on their books in order to pay for indigent patients' emergency care. HCA Holdings (HCA +9.5%), Tenet Healthcare (THC +10%), Health Management Associates (HMA +8.2%) and Community Health Systems (CYH +7%).