One area of healthcare stocks – U.S. hospitals – may be easier to manage than the average.
In fact, ft.com reports U.S. hospital shares are cheap and the policy is favourable. The biggest operator by sales, HCA, trades at a single-digit earnings multiple, and its profits have increased steadily.
However, there are a few risks, including a cut in payment from Medicare, and HCA’s high net debt. Read more.
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