Interesting paper from JPM on the Healthcare sector, summarized below. With sentiment at rock bottom, opportunity often rises from the ashes.
Thoughtfully provoking as always
Simple fact: U.S. has the highest cost healthcare in the world and consumers are running out of money, private and public, with which to pay for it.
IMO what we face is not a cyclical but a secular change in the economics of healthcare.
How much profit evaporates vs burden shifts to the rest of the world?
Thoughtfully provoking as always
Simple fact: U.S. has the highest cost healthcare in the world and consumers are running out of money, private and public, with which to pay for it.
IMO what we face is not a cyclical but a secular change in the economics of healthcare.
How much profit evaporates vs burden shifts to the rest of the world?