You are in the Sanders 2020 Group. Only members who have selected Bernie Sanders as their preferred Democratic presidential candidate are permitted to post in this Group.
HCA Healthcare Stock Sinks - Senator Sanders' Fox News town hall Monday only made things worse
By Tatiana Darie
April 16, 2019, 3:48 PM EDT Updated on April 16, 2019, 4:18 PM EDT
Excerpt:
The company’s shares shed $4 billion in market value on Tuesday as concerns about universal health-care coverage spread to the hospital industry. Analysts who cover HCA, the largest and most-widely owned hospital operator, have remained notably silent, sticking to their ratings and issuing no commentary on the 10 percent move.
Reports that audiences cheered the government-run system proposal as it was being discussed by Senator Bernie Sanders of Vermont at a Fox News town hall on Monday only made things worse.
“The market is ascribing an inordinately high probability that some form of Medicare-for-All proposal could become reality,” Cowen analyst Charles Rhyee wrote in a note. The problem is that even support among centrist Democrats is “noticeably absent” and the proposal would likely see strong resistance from doctors and hospitals, said Rhyee, who covers health insurers.
https://www.bloomberg.com/news/articles/2019-04-16/hca-healthcare-stuns-street-with-worst-plunge-since-16-election
= new reply since forum marked as read
