Thread: CPAC Straw Poll
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Old 03-08-2015, 03:12 PM
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Health care has been one of best performing sectors of the stock market of the last few years. For example Janus Global Life Sciences has had annualized return of 38% over the last three years (which means it doubles every two years!) Therefore, these have been very good years for these private companies. In addition, the salaries of a registered nurse fresh out of school is now approaching $100k/yr. Sounds like to mean, the reimbursement rates have not had a negative effect on profits nor compensation for highly trained professionals.
Do you have any clue why healthcare has been performing so well? I strongly doubt you do. Hint: it has "something" to do with Obamacare, electronic medical records and the efforts of scientists creating pharmaceuticals.

$100k starting nurse salary -

There are ALWAYS a rare exception such as attracting a nurse to Nome, Alaska with $, but the average starting salary for nurses is nowhere near $100k...(I'll Google it later when I get a minute.)