Not surprisingly, investors are bidding up shares of local hospital companies following President Obama's re-election. An hour and a half into trading, industry leader HCA Holdings and Franklin-based Community Health Systems are both up almost 7 percent. Vanguard Health — which traded almost 16 percent higher at one point — is 8 percent to the good. Apparently not invited to the party is LifePoint Hospitals, which is up less than 1 percent.

Shareholders of companies not in the hospital business aren't having a good day, though. Fretting over the fiscal cliff has all of the major indices down more than 2 percent.

SEE ALSO: A post-election health care wrap from Bloomberg