Dr. Oz’s CMS Nomination Sparks Mixed Reaction From Healthcare Investors

Dr. Oz’s CMS Nomination Sparks Mixed Reaction From Healthcare Investors·The Wall Street Journal

The prospect of Dr. Mehmet Oz atop the Centers for Medicare and Medicaid Services sparked enthusiasm among managed-care investors, sending up shares of UnitedHealth and Humana Wednesday. Hospital investors were on the opposite side, pushing down the stocks of HCA and Tenet. The TV personality has been a cheerleader for private Medicare plans in the past, fueling a rise among companies that focus on those products.

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