News Headlines Article

Obama Win Preserving Health Law Buoys Hospitals as Insurers Slip
San Francisco Chronicle

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 win rallied shares of HCA Holdings Inc., the largest for-profit hospital company, by 5.3 percent at 9:58 a.m. while Community Health Systems Inc. and Tenet Healthcare Corp. also saw gains on prospects for millions of newly insured patients being added to their admission rolls.