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Rising hospital stocks still trying to catch up to broader markets
Modern Healthcare

Hospital stocks gained more ground Monday on rising equity markets.

But the nine provider stocks that comprise the Modern Healthcare Hospital Stock Index are still down 9% since January 4. The index closed at 759.71 Monday compared with 697.03 on Jan. 4.

It was up about one-half of 1% Monday.

Hospital stocks fell harder than healthcare stocks in the second half of 2015. They were pinched by flattening volumes from Affordable Care Act coverage and wage inflation.