Pharmacy Carries Health Care Stocks To 1.9% Gain in '98

Health care industry stocks, tracked by the investment firm HealthCare Markets Group, rose 1.9 percent in 1998.

Managed care stock prices fell 6.7 percent last year, faring better than their 11.8 percent slide in 1997. Physician practice management shares dropped 38.1 percent, while long-term care companies lost 54.9 percent of their collective value.

On the upside, shares of large pharmaceutical companies rose 35.2 percent. Drug-distribution companies were red hot — their stocks collectively advanced 66.7 percent.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

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