Hospital Stocks Tank as Republicans Hope to Revive ACA Repeal

Hospital Stocks Tank as Republicans Hope to Revive ACA Repeal
AP Photo/Russ Bynum

Hospital stocks dropped Tuesday morning, after reports that House Republicans are discussing ways to revive their Obamacare repeal and replacement bill. 

Just one day earlier, many hospital-related stocks ended in green territory, rallying on the news that the GOP's health care proposal was yanked from consideration. The industry has largely opposed the Republicans' plan because it was expected to increase the number of Americans without health insurance, which could have raised hospital losses.



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