Medicaid

Investors Likely To Be Disappointed by Medicaid "Opportunities"

Lose money on each patient and make it up in volume!

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You know we've gone through the looking glass when the hottest health care money on Wall Street is chasing Medicaid.

No, I didn't mean Medicare, the $560 billion per year federal program for insuring the elderly that has launched a thousand IPOs. The current darling of health care investors is Medicaid, the hybrid federal-state program for insuring the poor that now dominates, and often overwhelms, state government budgets.