Health Care Down On Muted Spending Views -- Health Care Roundup

Health-care companies fell slightly as investors reconsidered the outlook for spending on pharmaceuticals and doctors' visits.

"Health-care services inflation received attention early this year after January and February posted strong gains, owing in part to a boost to Medicare physician payments," but the expiration of this payment scheme could weigh on health-care spending tallies in the coming months, said strategists at brokerage Bank of America Global Research, in a note to clients.

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(END) Dow Jones Newswires

09-24-21 1704ET