Hospitals Face a Baby-Boom Bust

A leading healthcare analyst sees no future in the for-profit hospital industry.

Jeff Villwock has spent the past 18 years following stocks in the hospital management space, twice landing on The Wall Street Journal's "All-Star Analyst Team" and once securing the title as top analyst in the bunch. He has seen the hospital sector survive -- and even thrive -- under both political parties throughout his long career.

With Democrats now wielding enough power to revamp the nation's entire healthcare system, however, he has decided to focus on a safer line of work -- building a medical school in St. Kitts. ...