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Stock Market & Financial Investment News

News Breaks
February 3, 2014
09:02 EDTUHS, HMA, CYH, HCA, THC, LPNTHospitals to benefit from delay of 2 Midnight rule, says Wells Fargo
After CMS delayed the implementation of the 2 Midnight rule until October 1, 2014, from April 1, 2014, Wells Fargo thinks the delay will reduce the negative impact on hospitals of the rule. The firm believes that implementation of the rule would cause many patients to be booked for observation, instead of as impatienst, and it reports that hospitals earn about 30% less revenue from patients under observation than from inpatients. However, the firm says that "the rule has a fair chance of being permanently postponed." It keeps an Overweight rating on the hospital sector.
News For HMA;LPNT;HCA;UHS;THC;CYH From The Last 14 Days
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May 27, 2015
12:36 EDTUHSOn The Fly: Top stock stories at midday
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10:55 EDTUHSProposed Medicaid rule positive for mental health providers, says Wells Fargo
After CMS released its proposed Medicaid Managed Care rule yesterday, Wells Fargo says the rule would allow for-profit behavioral hospitals to be reimbursed for providing services to adult Medicaid beneficiaries enrolled in a Medicaid Managed Care program. Acadia Healthcare (ACHC) and Universal Health Services (UHS) both own such hospitals, according to Wells. However, the firm adds that the rule would not change the regulations for fee for service adult Medicaid beneficiaries, who it thinks are likely the heaviest users of behavioral care, But Wells thinks that the proposal announced yesterday paves the way for behavioral hospitals to eventually be reimbursed for providing behavioral services to fee for service beneficiaries. The firm keeps an Outperform on Acadia and a Market Perform rating on Universal Health.
May 19, 2015
07:28 EDTHCAUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 19 at 8 am; not all company presentations may be webcasted. Webcast Link
May 18, 2015
07:22 EDTUHS, THCUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link

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