finance.yahoo.com / Yahoo! Finance
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2024-11-22 20:29:25
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2024-11-22 20:29:25Event JSON
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"Hospital Stocks Drop as Funding Risks Spur Raymond James Cuts"
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"Raymond James analyst John Ransom downgraded the hospital chains due to concerns that enhanced subsidies for individual marketplace health insurance will expire in 2025, reducing the number of patients with insurance in 2026. Growing investor concerns over other funding risks, such as state-directed payments and Medicaid reimbursements, also weighed on the stock. The downgrade led to a decline in shares of HCA, Tenet, and Community Health Systems, with HCA falling as much as 3.7% and Community Health Systems tumbling as much as 7.2%."
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