These 12 corps had an average stock price increase of an off-the-charts 564% since President Obama took office. This is more than 5 times the 105% increase in the S&P 500 Index over the same time period.
It is easy to understand why financially savvy employees and investors in publicly-held Hospital Corps are extremely happy with the Obama Administration.
And it is pretty clear that the very perceptive Stock Market is signaling that publicly-held Hospital Corps are and will continue to do extremely well under the Affordable Care Act (ACA). And the Stock Market is also signaling that the ACA has been working quite effectively and will continue to work very well in the future.
Below here are the common stock prices for each of these Hospital Corps on Friday October 18, 2013 and also on January 16, 2009:
Stock | Stock | |||
State | Price | Price | % | |
HQs | 10-18-13 | 1-16-09 | Increase | |
Hospital Corps | ||||
Acadia Healthcare | TN | $39.95 | $1.05 | 3705% |
Tenet Healthcare | TX | $47.79 | $4.76 | 904% |
Health Management Associates | FL | $12.99 | $1.68 | 673% |
Universal Health Services | PA | $80.36 | $18.94 | 324% |
Health South | AL | $36.33 | $10.93 | 232% |
Mednax | FL | $107.23 | $32.49 | 230% |
Hanger | TX | $35.54 | $13.72 | 159% |
Community Health Systems | TN | $44.12 | $18.03 | 145% |
DaVita HealthCare Partners | CO | $58.06 | $24.09 | 141% |
LifePoint Hospitals | TN | $48.97 | $22.60 | 117% |
Amsurg | TN | $42.89 | $22.30 | 92% |
Fresenius Medical Care | MA | $33.07 | $21.91 | 51% |
Average Increase: all 12 Hospital Corps | 564% | |||
S&P 500 Index | 1744.50 | 850.12 | 105% |