Nursing home stocks fall

NewsGuard 100/100 Score
Nov 17 2011

The Wall Street Journal: Nursing Home Stocks Ailing
The stocks of nursing-home operators -; and the landlords that rent to them -; have fallen sharply since late July, when the federal government announced an 11.1 percent cut in Medicare reimbursements. The landlords were affected because investors reasoned that some nursing homes won't have enough cash to pay rent. ... Still, analysts aren't expecting a redux of the late 1990s, when many nursing home operators went bankrupt after the Clinton administration made steep cuts in Medicare payments (Pruitt, 11/16).

http://www.kaiserhealthnews.orgThis article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

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