Even though profit warnings beset the US healthcare sector, America's private healthcare providers c...
Even though profit warnings beset the US healthcare sector, America's private healthcare providers continue to prosper. The managed health sub sector, as it is known, has outperformed the S&P 500 Index by 41.22% in dollar terms over the calendar year to 12 July 2002. Alex Ingham, North American equities fund manager at Aberdeen Asset Management, says that as all Americans need health insurance, companies in the sector have strong pricing power and have been able to raise prices recently. As a result, over the year to 12 July the sector has produced a dollar return of 21.47% compared...
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