Health care industry
The Supreme Court's ruling on Thursday upheld the tax subsidies for the Affordable Care Act (ACA), also known as Obamacare. As a result, health care stocks rose sharply, with hospital operators such as HCA and Tenet Healthcare experiencing significant gains. The S&P 500 and Nasdaq also
Health care industry
HCA Holdings Inc., the largest publicly traded for-profit hospital chain, has taken a strong stance against terminating subsidies for customers who buy insurance on federally operated health exchanges. Despite its opposition, the company believes it can weather the situation even if the U.S. Supreme Court rules against the subsidies.
Health care industry
The health services industry is trading mixed as of June 9, 2015, with the Dow Jones Industrial Average (^DJI) up 0.2% at 17,793. The NYSE advances/declines ratio sits at 1,256 issues advancing vs. 1,750 declining with 142 unchanged. Top gainers within the industry include Grifols
Health care industry
NeuroMetrix, Inc. has begun shipping Quell devices to healthcare providers in the United States, as part of its efforts to manage chronic pain and other nerve diseases. Over 100 physician practices have purchased Quell to stock for resale to their patients, with many of these practices including podiatrists, chiropractors, and
Health care industry
Humana Inc. has completed its previously announced sale of Concentra Inc. to MJ Acquisition Corporation, a joint venture between Select Medical Holdings Corporation and Welsh, Carson, Anderson & Stowe XII, L.P., for approximately $1.055 billion in cash. This divestiture aligns with Humana's business portfolio review, ensuring
Health care industry
The Centers for Medicare & Medicaid Services (CMS) is proposing a comprehensive overhaul of Medicaid managed care regulations, comprising over 650 pages of new rules. This shift comes as the number of Americans covered by Medicaid managed care has grown significantly, with 46 million individuals now relying on these plans,
Health care industry
Three major companies in the health services industry are seeing significant gains today: Fresenius Medical Care AG & Co. KGaA, Boston Scientific, and Baxter International. As of noon trading, Fresenius Medical Care AG & Co. KGaA is up $0.77 (1.8%) to $43.17 on heavy volume, while Boston
Health care industry
The Health Care Distributors industry consists of companies that supply medical devices, equipment, and pharmaceuticals to healthcare providers. These companies play a crucial role in ensuring the availability of essential medical supplies. However, some of these companies are undervalued due to low forward price to earnings (P/E) ratios. According
Health care industry
Monsanto, one of the world's largest agricultural businesses, is committed to divesting the entire seed and traits business, as well as certain overlapping chemistry assets, of Swiss crop chemicals maker Syngenta as part of its merger with the US company. Meanwhile, US pharmaceutical company AbbVie Inc has announced
Health care industry
The wholesale industry is currently experiencing a surge, with two major indices, the Dow Jones Industrial Average and the NYSE, trading lower due to various market fluctuations. Amidst this, a few stocks in the wholesale industry are pushing the needle higher. HD Supply Holdings, Omnicare, and Cardinal Health are among
Health care industry
The health services industry is experiencing a mixed performance as the broader market rallies, with the Dow Jones Industrial Average trading up 125 points (0.7%) at 17,965 as of Friday, May 1, 2015, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,606 issues advancing
Health care industry
Stryker Corporation, a leading medical technology company, announced a quarterly dividend of $0.345 per share, representing a 13% increase from the prior year. This dividend will be paid to shareholders of record at the close of business on June 30, 2015, with a payment date of July 31, 2015.
