“The math is healthy for hospitals: currently, hospitals ‘collect four cents on the dollar’ on their costs from uninsured patients who go to an emergency room for care but don’t have the ability to pay. Under the new law, once those folks are insured, the hospitals will ‘collect closer to 100 cents on the dollar,’ said Larry Robbins of Glenview Capital Management in an interview with USA Today late last year.
All 10 of XHS’ top-10 holdings are up this year and only one – Acadia Health Care Company (NasdaqGS: ACHC) has not posted a double-digit gain. XHS has seen its AUM total grow 23.3% since April. [A Tactical Health Care ETF]
SPDR S&P Health Care Services ETF
ETF Trends editorial team contributed to this post.