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PacifiCare Health Systems (PHS) Message Board

  • tac1001 tac1001 Sep 23, 2000 4:15 PM Flag

    I heard something about a class action

    lawsuit being brought to court against the HMO's
    by the same guy that prosecuted the tabacco
    companies. Basically the suit claims that HMO's have failed
    to provide adequate care, and they pay bonuses to
    doctors who minimize patient care expenses. Not sure
    whether this has any material impact on phsy, but it may
    be a factor in the bad sentiment. Just looking at
    the chart, it appears the stock wants to go lower. I
    will keep an eye on it for a chance to accumulate
    later in the year for a possible rebound next year.