Becker's Healthcare November 19, 2024
Marc Miller, CEO of King of Prussia, Pa.-based Universal Health Services, shared during a Nov. 18 CNBC interview that he is not concerned about changes to HHS after President-elect Donald Trump named Robert F. Kennedy Jr. secretary on Nov. 14.
Since the election, UHS’s stock has fallen about 4%, with the rest of the health sector fallen at around 3.5%, Frank Holland, anchor, transports and tech correspondent at CNBC said during the interview.
“I think there’s been an over reaction,” Mr. Miller said regarding policies people could potentially be concerned about. “I think there has been some premise that the health insurers might do better under this new administration than the providers would. We don’t necessarily ascribe to that.”
Mr....