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Healthcare stocks are slumping. BlackRock is buying.
Modern Healthcare

BlackRock, the world’s largest asset manager, is placing big bets on healthcare stocks.The giant New York money manager with more than $4.5 trillion under management took large positions last year in at least 14 investor-owned healthcare companies ranging from Tenet Healthcare Corp. and TeamHealth on the provider side to insurer Centene Corp. and a host of medical device and equipment companies.The new ownership stakes taken by BlackRock were revealed in regulatory 13G filings made last month with the U.S. Securities and Exchange Commission.