Reported about 14 hours ago
Shares of major hospital chains such as HCA Healthcare, Tenet Healthcare, and Community Health Systems fell after Raymond James downgraded their ratings, citing risks from the expiration of insurance subsidies that could reduce patient coverage and weigh on earnings through 2026. This downgrade is part of a broader concern regarding hospital funding amid changes expected from the incoming administration, leading to significant declines in stock prices and a longer losing streak for the health care facilities index.
Source: YAHOO