News Headlines Article

Hospital stocks leap after Supreme Court backs overhaul
Monterey Herald

Investors in hospital stocks rejoiced Thursday after the Supreme Court upheld a key portion of President Barack Obama’s health care overhaul and eliminated the prospect of a sudden influx of uninsured patients seeking care. Shares of big hospital operators like HCA Holdings Inc., Tenet Healthcare Corp. and Community Health Systems Inc. all jumped much higher than the broader market after the court upheld tax subsidies that play a key role in helping millions of Americans pay for health insurance.