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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Investor2 who wrote (10308)12/21/1999 12:19:00 PM
From: Wally Mastroly  Read Replies (1) of 15132
 
I2: If your out 'bottom fishing', here's some food for thought-Health Care services:

Give Me Your Loathed, Your Depressed, Your Scandal-Ridden...

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An excerpt:

"..One reason Mackay is suddenly so bullish is that the government has agreed to higher Medicare reimbursement rates, givebacks and delayed cutbacks that will total $16 billion to providers over the next five years. Uncle Sam apparently decided that if it didn't pay these providers more, some were going to go out of business.

So now hospitals are to receive an additional $7 billion over the next five years, managed-care companies will see $4 billion, nursing homes will receive at least $2.7 billion and home-health care facilities will receive $1.3 billion; kidney-dialysis providers will receive $300 million over the next two years.

All that money is certain to improve earnings..."

smartmoney.com

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