U.S. CDC Says Beginning November 1, CMS Will Require Hospitals & Critical Access Hospitals To Electronically Report Information Related To Flu, Covid-19 And RSV
Portfolio Pulse from Benzinga Newsdesk
The U.S. CDC announced that starting November 1, the Centers for Medicare & Medicaid Services (CMS) will mandate hospitals and critical access hospitals to electronically report data on flu, Covid-19, and RSV.
August 23, 2024 | 3:30 pm
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NEUTRAL IMPACT
The new CMS regulation requiring electronic reporting of flu, Covid-19, and RSV data by hospitals may impact the healthcare sector, which is a component of the SPY ETF.
The SPY ETF includes healthcare stocks that may be affected by the new CMS reporting requirements. However, the direct impact on SPY is likely limited as it is a broad market ETF.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20