Aged Care stocks take a beating

The Motley Fool's Mike King: Aged care providers were taken out the back by investors and given a beating today. Estia Health Ltd (ASX: EHE) saw its share price sink 6.4% to $7.17, Regis Healthcare Ltd (ASX: REG) saw its share price drop 6.3% to $5.63 and Japara Healthcare Ltd’s (ASX: JHC) share price fell 5% to $3.06. Nothing specific appears to be a problem, but I have a nagging feeling that the government may set its sights on the cost to the government of the aged care sector, following a review of the Medical Benefits Schedule (MBS) scheme. More at TMF