Thanks to ACA, health sector stocks boom

Laura Pedulli | | Health Exec | Economics

Hospitals and insurance companies are raking in profits thanks to the Affordable Care Act, reports CNBC.

At the country’s largest hospital chain, executives estimate that the law accounted for a third of third-quarter profit growth and as much as 4 percent of the company’s adjusted income. Also, Penn.-based Universal Health Services attributed 40 percent of its profit gains to the law, according to the article.

Read more below:

Like it or not, Obamacare’s juicing stocks

Laura Pedulli

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