Quorum, Hospitals Fall as Trump Stumps for GOP Health Bill
Passage of GOP Health Bill May Be a Squeaker
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Quorum Health Corp. and other hospital chains fell Tuesday as President Donald Trump went to Capitol Hill to drum up support for a Republican health bill that would repeal parts of Obamacare and add to the number of people who can’t pay their medical bills.
Quorum plunged 11 percent to $6.64 at 1:41 p.m. in New York trading, while Community Health Systems Inc. dropped 7.5 percent to $8.23 and Tenet Healthcare Corp. slid 5 percent to $16.65. HCA Holdings Inc., the biggest U.S. hospital chain, fell 1.3 percent to $82.79.