Humana loses $166 million in 4th quarter; write-downs, restructuring charges cited.
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Biomedical subjects
Publications and source records attributed to J Nemes.
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Many municipal healthcare bond deals were put on hold during the third quarter of this year because of a wide spread in interest rates, resulting in a 15.5% dip in total volume compared with last year. Some 143 new tax-exempt healthcare bond issues worth a total of $5.07 billion were sold in July, August and September, compared with 191 issues worth $6 billion sold in the year-ago period.
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If healthcare finance executives were the only ones who could vote for president, George Bush would be sleeping peacefully, knowing that he would remain in the White House for another four years. In a mock election conducted by Zimmerman & Associates, 83% of hospital finance executives voted for the incumbent, 15% voted for Arkansas Gov. Bill Clinton and 2% were undecided.
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Executives at publicly traded hospital companies don't intend to scrap their long-term growth strategies and switch to emergency plans if Bill Clinton wins the presidential election in November. That's the overwhelming response to a report by Salomon Brothers warning that the performance of hospital companies' stocks and bonds could suffer if the Democrat takes over at the White House next year.
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