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