In early December, 60 Minutes aired a segment called "Hospitals: The Cost of Admission." It relentlessly went after Health Management Associates over its admissions practices, so it shouldn't be completely surprising that when the company previewed its first-quarter numbers, admissions fell. This caused a 16% plunge in HMA and sparked a hospital sector sell-off. In this video, Fool health-care analyst David Williamson discusses what this means for investors heading into earnings season.
The award winning show had a big negative impact on the hospital's first quarter.
About the Author
The Motley Fool's Healthcare Analyst, I specialize in Pharma, Biotech, and how the ACA (Obamacare) is changing the business of healthcare in America. Follow me on Twitter for breaking stock news, policy thoughts, and misc musings...
Follow @motleydavid