Who is the biggest Medicare beneficiary? After an announcement by the Centers for Medicare and Medicaid Services, or CMS, on Friday, investors holding a handful of health care stocks can claim the honor.
While the market expected CMS to either cut Medicare payments or hold levels steady, it plans to actually increase reimbursements for hospitals -- and soften the blow of one dreaded part of the Patient Protection and Affordable Care Act, commonly referred to as Obamacare. The promise of more money from Medicare translated to more than $1.5 billion added to market caps for five top hospital stocks in just one day. Here's what happened.
No sequestration woes here
While the sequestration deal agreed upon by the president and Congress impacts several areas, Medicare payments will go up rather than down. Acute care hospitals will receive a 0.8% bump in reimbursement beginning in October.
Hot High Tech Stocks To Own Right Now: Petroleum Resources Corporation(PEO)
Petroleum & Resources Corporation operates as a nondiversified investment company. It primarily invests in the equity of energy and natural resource companies. The company also has investments in various sectors, including energy, services, basic industries, and paper and forest products. Petroleum & Resources was founded in 1929 and is based in Baltimore, Maryland.
Hot High Tech Stocks To Own Right Now: Energold Drilling Corp.(EGD.V)
Energold Drilling Corp., together with its subsidiaries, provides contract diamond drilling services to the mining and mineral exploration industries primarily in Mexico, the Caribbean, Central America, South America, Africa, and Asia. As of December 31, 2010, it owned fleet of 103 drilling rigs. The company also engages in the acquisition, exploration, development, and mining of mineral properties, primarily silver, lead, zinc, and gold properties located in Mexico and the Dominican Republic. In addition, it manufactures drilling rigs and associated equipment for water well, mineral exploration, and geotechnical drilling. Energold Drilling Corp. is headquartered in Vancouver, Canada.
Top 5 Casino Stocks To Invest In Right Now: Debao Property Development Ltd (K2M.SI)
Debao Property Development Ltd., an investment holding company, engages in the property investment, development, and management in the People�s Republic of China. It develops residential and commercial properties; and leases properties. The company builds structural projects and provides interior works for third parties; provides public utility engineering services; and engages in sale and distribution of construction materials. Debao Property Development Ltd. was founded in 2000 and is based in Foshan City, the People�s Republic of China.
Hot High Tech Stocks To Own Right Now: Cadan Resources Corporation(CXD.V)
Cadan Resources Corporation, an exploration stage company, engages in the exploration and development of precious and base metal properties in the Philippines. The company primarily explores for gold, silver, and copper minerals. Its principal property includes the T�Boli project consisting of 84.98 hectares located in the province of South Catabato, Mindanao Island. The company was formerly known as Sur American Gold Corporation and changed its name to Cadan Resources Corporation in August 2007. Cadan Resources Corporation was founded in 1929 and is headquartered in Vancouver, Canada.
No comments:
Post a Comment