Healthcare >> Analyst Interviews >> July 3, 2000

Outlook For Hospital Companies : Adam Feinstein – Lehman Brothers

ADAM T. FEINSTEIN, CFA, is a Vice President in Equity Research at Lehman Brothers, where he covers, as well as coordinates, the firm's Health Care Facilities research team. He was recently voted the Best Up & Comer in the 2000 Institutional Investor All American Research Survey in the Health Care Facilities category. Prior to his current role, he was an Equity Research Analyst at Salomon Smith Barney and before that, he was an Associate Analyst at Standard & Poor's Corporation. Mr. Feinstein is a member of the NYSSA and the Association of Investment Management Research. He is a graduate of the University of Maryland at College Park with a BS in Business Management. His Feinstein's Facility Weekly Insights & Observations report is estimated to be the most widely read piece of research on the health care facilities sector with over 1,000 weekly readers. Profile
TWST: May we start with some perspective on how the for-profit hospital

industry has developed over the last few years? What were the high

points and what were the low points?

Mr. Feinstein: