A Health Check on HMO Stocks
Managed-care companies had a stellar year in 2000 as the industry washed its hands of high-profile lawsuits and reaped the benefits of a soaring economy. Plus, in the second half, their stocks were boosted as investors turned to them as a defensive refuge amid the high-tech turmoil. The Amex Healthcare Payor index of managed-care stocks rose 115% over the year. So far, 2001 is shaping up to be a little less promising for HMOs, with the index having shed some 12% in the first few weeks of January.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.