|By The Associated Press|
Health care service providers likely saw weak demand in the final quarter of 2012, but that may have limited impact on their shares. Investors are focused on longer-term gains from the national health care overhaul, according to a Jefferies analyst.
Pharmacy benefits managers, doctor groups, hospital operators and other businesses that provide health care stand to benefit when the overhaul expands starting next year, analyst
In 2014 the overhaul will begin offering income-based subsidies that help people buy health insurance, and it will expand the state and federally funded
Many of them will report fourth-quarter results this week, and Tanquilut expects soft trends for the sector, especially for companies hurt when Superstorm Sandy swept up the
"We believe that investors are now positioning for 2014 ... and as a result, are looking well beyond near-term factors such as (fourth-quarter) earnings results and even current year outlooks," the analyst wrote.
Top picks in his health care services sector _ a category that excludes insurers _ are pharmacy benefits manager
The analyst also said in a separate note that he expects hospital operators to benefit the most from expanded health insurance coverage. He considers
Shares of Catamaran fell
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