Obamacare is here to stay. And markets are telling investors loud and clear which companies are getting the biggest shot in the arm from the law.
Traders Thursday are surging back into the stocks that were the biggest beneficiaries from the Patient Protection and Affordable Care Act Thursday. And there’s no question – it’s the hospitals.
The healthcare facilities stocks in the Russell 1000 are up an average of 7.7% Thursday on the news that the Supreme Court upheld one of the most key aspects of the healthcare law. That blows away the average 0.7% gain by the stocks in the entire healthcare sector of the index. And hospitals are trouncing the shares of the insurers, or managed health care stocks, with their average 1.7% gain.
BEST PERFORMING STOCKS IN THE RUSSELL 1000 TODAY ARE ALL HOSPITALS
| Company | Symbol | % Ch. Thursday | Thursday price |
| Tenet Healthcare | THC | 14% | $57.11 |
| Community Health Systems | CYH | 13.1% | $62.53 |
| HCA Holdings | HCA | 8.7% | $90.66 |
| Universal Health | UHS | 8.2% | $141.38 |
| LifePoint Health | LPNT | 7.9% | $83.61 |
Sources: S&P Capital IQ, USA TODAY research
Thursday’s trading action is golden to anyone who has wanted to known which companies are scoring most from Obamacare. It’s a massive one-day reaction that where investors are hanging it out in plain view which stocks they’re willing to pay more for due to the benefits due to the law. Investors are getting rare and pure look at the true winners from Patient Protection and Affordable Care Act Thursday – as the Supreme Court upheld the key aspect of the law. The bill was signed into law on March 23, 2010.
Some thought insurers would be the big winners, but it’s actually hospitals, which are now able to recoup more costs and lose less when providing care to patients without insurance.
And it’s not just speculation. Take Tenet Healthcare, one of the largest hospital operators in the U.S. It’s the biggest stock winner on the day – showing that investors think the stock is an outsized winner. The numbers tell the story. The company’s revenue has completely exploded since the Affordable Care Act was signed into law. Tenet’s revenue has doubled from 2010 reaching $17.1 billion through the last twelve months ended in March 2015. Compare that with revenue growth before the law was passed. Revenue grew just 6.5% between 2005 and 2010 – the five years prior to the law being passed.
Tenet’s total revenue has exploded since passage of Affordable Health Care (Chart source: S&P Capital IQ)
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