News Headlines Article

HCA unnerves investors with healthcare reform outlook
Modern Healthcare

Shares of hospital giant HCA are rebounding after investors digested their disappointment with the chain’s conservative outlook on healthcare reform for the remainder of the year.HCA shares dropped about 7% Wednesday after the company’s earnings call when executives implied that some of the early benefit from treating a greater number of insured patients may have hit its peak. Investors have been closely watching to see whether there’s still room for financial improvement from the Affordable Care Act or whether the initial boost from higher volume and insurance coverage was a one-time deal.