Fierce Healthcare October 27, 2020
For the past couple of years, HCA Healthcare has used its third-quarter earnings call to provide some early thoughts about the upcoming year.
But, after a turbulent and unprecedented year, HCA had to change things up, CEO Sam Hazen said during the health system giant’s third-quarter earnings call Monday.
“In those years, we obviously had a more stable environment economically, politically and operationally. While always difficult to predict our business with precision, today’s environment, with all its uncertainty, makes it particularly challenging.”
In its third-quarter earnings, HCA reported same facility admissions and equivalent admissions declined 3.8% and 9%, respectively, in the third quarter of 2020, compared to the same period a year earlier. Similarly, same facility emergency room visits declined...