Shares of HCA Holdings, Community Health Systems, LifePoint Hospitals and their peers all are down in Wednesday trading after the Obama administration said it will give large employers another year to comply with health care reform's insurance requirements. Among the locals, industry leader HCA is taking the news hardest and is down about 4 percent — on heavy volume — to its lowest point since February. Community and LifePoint are giving up about 2 percent.
A little perspective is in order, though: Shares of HCA, CHS and LifePoint all are still up more than 17 percent year to date, outpacing the gain of the S&P 500. Check the chart here.