Health-care companies slipped as defensive investors rotated into rate-sensitive utilities industry group.

A major hospital bankruptcy and uneven earnings reports have weighed ont he sector during.

R1 RCM agreed to let its two biggest shareholders hold talks on a potential joint buyout of the health-care focused revenue-cycle-management provider.

German hospital chain and medical-equipment maker Fresenius posted first-quarter earnings ahead of Wall Street expectations.

Write to Rob Curran at

(END) Dow Jones Newswires

05-08-24 1723ET