Nirad Jain, a partner with Bain & Company in the consultancy’s private-equity and health-care practices, said with the Democrats controlling the House, the chances that ACA can be repealed are greatly diminished.

Election Day also saw states such as Idaho, Nebraska and Utah vote for ballot measures to expand Medicaid.

“The biggest feeling from investors [after the election] is of relief on the ACA,” Jain said. “Medicaid is often considered to be good by operators in health care. Often, the alternative is uncompensated care.”