Here are three things to know.
1. Hospitals were the only underperforming stock in the healthcare sector March 26, with hospital shares dipping as much as 2.2 percent intraday. Comparatively, health insurer stocks grew up to 2.7 percent as the broader market saw a rebound.
2. Bloomberg Intelligence analyst Jason McGorman told the publication investors might be cashing in on the 18 percent growth hospitals witnessed this year. First quarter closing positions may have also affected trading.
3. In the long run, analysts see insurers as having a better backdrop than hospitals, which may allow them to outperform hospitals, accordig to Bloomberg.
More articles on payer issues:
Christus Good Shepherd, BCBS extend contract 1 month amid dispute
Orlando Health, Aetna roll out joint health plan: 4 things to know
Aetna CEO: ‘Warren Buffett said healthcare was a tapeworm on US economy — It’s true’
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
