U.S. hospital chains see health reform boost to third quarter earnings

By Susan Kelly (Reuters) - U.S. hospital operators Tenet Healthcare Corp and Community Health Systems Inc on Monday said their third quarter results were helped by the effects of President Barack Obama's healthcare law. Patient admissions improved, and Tenet, the third-largest U.S. for-profit hospital chain, treated fewer patients for which it was uncompensated and more patients covered by the Medicaid program for the poor than it did in the preceding quarter. "We drove an accelerating contribution in the third quarter from healthcare reform," said Tenet Chief Executive Trevor Fetter. ...



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