Hospital Chains Report Boost in Earnings After More Patients Gain Insurance Through ACA
An influx of newly insured patients spurred by the Affordable Care Act has contributed to a boost in hospitals' second-quarter earnings, according to officials from a pair of hospital chains. While the ACA had little effect on hospitals during the first quarter of 2014, hospital systems Universal Health Services and LifePoint Hospitals in the last week reported gains during the second quarter.
- "Health-Law Patients Boost Hospital Profits" (Weaver, Wall Street Journal, 7/25).