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Fly News Breaks for April 13, 2015
IPCM
Apr 13, 2015 | 06:52 EDT
KeyBanc upgraded IPC Healthcare to Overweight with a $56 price target to reflect participation in Medicare's BPCI initiative, growing strategic value of hospitals in managing costs, reduced Street expectations, and valuation. The firm sees a $10M-$30M in EBITDA annually by participating in Medicare's BPI initiative.
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