Shares of Nashville's publicly traded hospital chains are bucking a negative trading session Monday as investors continue to think there are good things ahead with the rolling out of health reform. HCA is up more than 2 percent while Community Health Systems and LifePoint Hospitals are adding to the gains they posted Thursday and Friday. Many hospital names were likely helped by a note from Susquehanna Financial Group Chris Rigg, who said the sector will benefit from reform's push to get more people insured "under any scenario."
"The expansion of Medicaid and insurance subsidies more than fully offsets the commercial pricing pressure we expect in the individual and small group insurance segment," Rigg wrote.
Only Vanguard Health Systems hasn't moved up in the last few sessions — but that's because it ran up very nicely in August (Ticker: VHS) and already was up about 30 percent since the Supreme Court's late-June ruling on health reform.
- ALEX B FRUIN INHERITANCE TRUST; CANDACE F STEFANSIC INHERITANCE TRUST; CANDANCE F STEFANSIC INHERITANCE TRUST; FRUIN, ALEX B TRUSTEE; FRUIN ALEX B INHERITANCE TRUST; STEFANSIC, CANDACE F TRUSTEE; STEFANSIC CANDACE F INHERITANCE TRUST; STEFANSIC CANDANCE F INHERITANCE TRUST
- ROSS, BRIDGETT D
- COOKE, ETHEN LANYARD TRUSTEE; COOKE, ETHEN LEWIS ESTATE
- JACOBS, JESSICA ALEXANDRA; JACOBS, ERIKA BESS