News Headlines Article

For-profit systems see stocks jump
Modern Healthcare

Shares of for-profit hospitals represented a bright spot for the healthcare sector in the immediate aftermath of the U.S. Supreme Court decision on the Patient Protection and Affordable Care Act.

Publicly traded systems such as HCA, Nashville; Community Health Systems, Franklin, Tenn., and Tenet Healthcare Corp, Dallas, saw their shares shoot up an average of 8% to 9% on the news that the healthcare law would remain mostly intact, including the individual mandate.