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Despite financial woes, healthcare stocks up
August 25, 2008 — 2:00pm ET | By Anne Zieger
With healthcare facing some of its biggest financial challenges in years, particularly a growth in bad debt and slides in federal reimbursement, you wouldn't think that industry stocks would be doing too well. As usual, however, the market has followed its own logic, bringing several healthcare stocks to high points and pushing up the overall value Standard & Poor's healthcare stocks average by 4.4 percent (compared with a 7.9 percent drop in the overall index). Article
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