Hospital executives confident King v. Burwell case will not hurt their business

Hospital executives are optimistic the Supreme Court will rule in favor of the defendant in the King v. Burwell case and not make changes to the Patient Protection and Affordable Care Act, Reuters reports.

After hearing justice Anthony Kennedy’s comments on March 4, investors also were confident the Supreme Court would uphold the subsidies offered to people who buy coverage through health insurance exchanges. Shares in hospital stocks rose following the Supreme Court heard oral arguments in the case.

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Tim Casey,

Executive Editor

Tim Casey joined TriMed Media Group in 2015 as Executive Editor. For the previous four years, he worked as an editor and writer for HMP Communications, primarily focused on covering managed care issues and reporting from medical and health care conferences. He was also a staff reporter at the Sacramento Bee for more than four years covering professional, college and high school sports. He earned his undergraduate degree in psychology from the University of Notre Dame and his MBA degree from Georgetown University.

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