Salient to Investors: Dr. Aaron Carroll at Indiana University School of Medicine writes: The Institute of Medicine and National Research Council study shows Americans have shorter lives and poorer health, despite spending more on health care than any of the 16 other rich countries in the study. Americans eat too
READ MORE... →Salient to Investors: The US nursing home industry overbills Medicare $1.5 billion a year for treatments patients don’t need or never receive. 30 percent of claims sampled from for-profit homes were deemed improper versus 12 percent from non-profits. At least 6 government and academic studies in the last 3 years
READ MORE... →Salient to Investors: Under Medicare’s tangled payment system, hospitals get higher reimbursements than individual doctors for cardiology treatment and other specialty services, sometimes as much as 3 times more. The added bargaining power has given large hospital systems added leverage in negotiating reimbursements from insurers. Paul Ginsburg at the Center for Studying Health
READ MORE... →Salient to Investors: Markets are awash in insider trading, and healthcare has been particularly hard-hit since it offers illegal traders more opportunities to profit than the finance and technology sectors. Health companies can live or die on the results of drug trials and the industry has undergone significant consolidation. What’s notable about
READ MORE... →Salient to Investors: Smaller stocks are outperforming larger stocks in 2012. Top sector is healthcare, followed by consumer discretionary, telecom and financials. Bottom is utilities, followed by energy, industrials, technology, consumer staples and materials. Read the full article at http://seekingalpha.com/article/884011-best-performing-russell-3-000-stocks-and-sectors-in-2012?source=intbrokers_regular
READ MORE... →Salient to Investors: More health workers are choosing to stay at home. Save the Children estimates the world is more than 3 million health workers short, including at least 1 million community nurses and doctors. 34 percent of doctors and 21 percent of nurses are foreign in New Zealand versus 27 percent of
READ MORE... →Salient to Investors: Fareed Zakaria said 49 percent of Americans polled said economic conditions were good or excellent in the city they lived in, 37 percent said the same about their state, 25 percent about the US, 18 percent about Europe, 13 percent about the world economy. Housing is finally is recovering and will have big ramifications for
READ MORE... →Prediction: Goldman Sachs finds attractive the healthcare straddle options (XLV) ahead of the Supreme Court decision on Healthcare Reform expected before the end of the month. Watch the full article at http://www.bloomberg.com/video/95019835-goldman-sachs-says-buy-healthcare-options.html
READ MORE... →The Census Bureau reports that 50 million people don’t have health coverage in the U.S., 16 percent of the population, versus 36.6 million, or 13 percent, in 2000. People covered at work declined to 55.3 percent from 65.1 percent in 2000. Intrade traders see a 68 percent chance the Supreme court will strike down
READ MORE... →