03:34 PM EST, 01/15/2025 (MT Newswires) -- Health care stocks advanced late Wednesday afternoon, with the NYSE Health Care Index up 0.2% and the Health Care Select Sector SPDR Fund (XLV) adding 0.6%.

The iShares Biotechnology ETF (IBB) climbed 1.8%.

In sector news, Helius Medical Technologies ( HSDT ) shares jumped 24% after the company said the newly published fee schedule payment rates for its portable neuromodulation stimulator are consistent with its preliminary reimbursement determination.