Becker's Healthcare July 29, 2024
Nashville, Tenn.-based HCA Healthcare saw outpatient surgery volume decline for the second consecutive quarter because of lower Medicaid and self-pay volumes, executives explained in a July 23 earnings call transcribed by Seeking Alpha.
HCA saw 254,371 same facility outpatient surgeries, compared with 259,733 in 2023, a 2.1% decrease.
Here are five things to know:
1. The decline is “exclusively in Medicaid and uninsured,” HCA Healthcare CEO Sam Hazen said in the call.
2. HCA’s revenue and profitability grew in the ASC and hospital outpatient surgery increased in the quarter despite the volume decline, Mr. Hazen added.
3. Mr. Hazen speculated that the decline in...
Today's Sponsors
Today's Sponsor