Two years into the pandemic, healthcare fund manager Justin Segalini is trying to keep track of staffing levels at the hospitals, nursing companies and pharmacies he invests in. He peppers management teams with questions about quit rates, wages and salaries—key human-capital indicators that few companies report.
“I’m looking for these data points and they’re not easy to find,” said Mr. Segalini, manager of a $1.2 billion healthcare-services stock fund at Fidelity Investments. “There’s no requirement for the companies to report the data.”
