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Wednesday, April 8, 2020

Hospital groups rally on prospects of COVID-19 turnaround

Hospital operators are up on the heels of comments from NIAID’s Dr. Anthony Fauci that COVID-19 deaths appear to be peaking with hospitalizations already trending down, allaying fears, at least preliminarily, that the pandemic will not overrun them.
Selected tickers: Universal Health Services (UHS +6.7%), Surgery Partners (SGRY +23.8%), SunLink Health Systems (SSY +0.8%), Quorum Health (QHC), Tenet Healthcare (THC +20.5%), Community Health Systems (CYH
+10.1%), HCA Healthcare (HCA +8.0%), Humana (HUM +1.9%)
https://seekingalpha.com/news/3559369-hospital-groups-rally-on-prospects-of-covidminus-19-turnaround

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