Stocks for health organizations that prospered from the ACA's insurance expansions will remain unstable as House lawmakers prepare to vote on Republicans' ACA replacement bill, Reuters reports.
Here are four things to know.
1. Medicaid-focused payers and hospital operators saw stocks fall in the two weeks following Republicans' introduction of the American Health Care Act. Certain stocks fell more than 10 percent.
2. Nashville, Tenn.-based HCA Holdings witnessed its stocks dip 7 percent since the AHCA's March 6 release. Dallas-based Tenet Healthcare's stocks dropped 22 percent in the same period, according to the report.
3. Insurers with larger Medicaid businesses saw their stocks slip. St. Louis-based Centene and Tampa, Fla.-based WellCare Health Plans each saw shares dip 4 percent since the bill's release. Long Beach, Calif.-based Molina Healthcare saw its stocks plummet 11 percent during the same period.
4. The recent shortfalls come amidst industrywide growth in healthcare stocks this year. Investors and analysts predict Thursday's anticipated vote on the AHCA will continue to affect the stocks of Medicaid-focused insurers and hospital operators, Reuters reports.
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