News bites: Tumbling healthcare stocks, magic mushrooms and more

Medical device stocks took a tumble last week on concerns that Medicare anti-fraud efforts will lead hospital management companies to cut back on procedures, the Financial Times reports.

The magic mushrooms of the '60s are making a comeback in psychology labs, Bloomberg reports.

Florida Gov. Rick Scott's (R) novel argument that the healthcare reform law is "not the law of the land" fails to impress PolitiFact Florida. 

The deficit-cutting supercommittee benefited from meeting in private, the Congressional Research Service concludes.