Helping Cut Health-care Costs

摘要

The rising cost of health care is buoying American CareSource Holdings (ANCI), a little-known network that helps manage ancillary services such as lab work, dialysis, diagnostic imaging, chiropractic, and home health. Its stock vaulted to 7.32 a share on Oct. 29, up from 2.40 in February. The company is "one of our favorite ideas in any economic environment," says Constantine Davides of JMP Securities, (it has done business with the company). It's able to cut care costs by 15% to 30%, says Davides, who rates the stock outperform with a price target of 13.