Stocks that suffer if Congress cuts costs
If Uncle Sam looks to rein in runaway medical costs, some health-care agencies may also face reduced reimbursements or controls on the number of visits care workers are permitted. Amedisys Inc. of Baton Rouge, Louisiana, which provides home health-care nursing services, is the subject of three investigations seeking to determine whether it overcharged Medicare. A possible saving grace is that a lot of bad news is already priced into the stock. The company's shares sell for eight times earnings.