Intuitive Surgical shares fall amid concerns over insurance plan changes impacting medtech demand
Intuitive Surgical's stock dropped more than 12% before the market opened on Friday after it maintained its growth forecast for da Vinci surgical robot procedures and warned that shifts in insurance plans could reduce demand. The decline reignited debates about how enrollment declines in Obamacare (Affordable Care Act) plans might affect medical technology usage, especially as HCA Healthcare previously noted a rise in uninsured patients.